Exchange Income Corporation Completes Credit Facility Upsize and Extension

Group 1 - The new credit facility has increased commitments from $3.0 billion to $3.5 billion and has transitioned from a secured to an unsecured facility, with a maturity date extended to January 26, 2030 [1] - The completion of the enhanced credit facility is part of the Corporation's ongoing transformation of its capital structure, which has included redeeming outstanding convertible debentures, significantly converting them to equity, and reducing aggregate leverage to its lowest level in over a decade [2] - The enhanced credit facility allows the Corporation to pursue strong investment opportunities, including M&A and contract expansions, while maintaining a conservative approach to debt and leverage [2] Group 2 - The deal was oversubscribed, indicating strong confidence from lenders, and the removal of security requirements reduces administrative burdens and enhances flexibility for the Corporation [2] - The enhanced credit facility represents the most available capital in the Corporation's history, supporting its strategic initiatives and growth plans [2]