Exchange Income Corporation

Exchange Income reported Q1 2026 EPS of CAD 0.61 and revenue of CAD 867 million, both well above analysts' estimates. Revenue growth of roughly 30% and the investment-grade rating underscore the company's financial strength; the Aerospace & Aviation segment was a major driver. After the results the stock rose about 2.2% and management remains optimistic about further growth initiatives. » Mais em de.investing.com

Exchange Income completed a private placement of senior, unsecured notes totaling $600 million with a 4.324% coupon; maturity to March 13, 2031. The proceeds are to be used to repay existing credit facilities and for general corporate purposes. DBRS Morningstar rated the instruments BBB (low) with a stable outlook; the transaction was oversubscribed and marks the company’s first entry into the Canadian investment‑grade bond market, supported by a high short‑term liquidity ratio of 5.04. » Mais em de.investing.com

Exchange Income Corporation has placed an unsecured senior note for $600 million with a 4.324% coupon, maturing on March 13, 2031. The net proceeds are to be used to repay existing indebtedness and for general corporate purposes. Morningstar DBRS assigned a preliminary rating of BBB (low) with a stable outlook. The issue is a private placement for accredited investors in Canada; closing is expected around March 13, 2026, with RBC Capital Markets, CIBC Capital Markets and National Bank Capital Markets as joint bookrunners. » Mais em de.investing.com

Exchange Income Corporation has closed a new unsecured credit facility of USD 3.5 billion, USD 500 million more than before, with maturity on January 26, 2030 and more flexible terms. The facility replaces the previous secured financing; lenders waived collateral, and the consortium was significantly oversubscribed. CEO Mike Pyle called the move part of a capital-structure transformation and said the higher liquidity is justified by M&A opportunities, a contract extension with Air Canada and organic growth. National Bank Capital Markets acts as administrative agent; CIBC, TD and, among others, JPMorgan and Citibank are part of the consortium. » Mais em de.investing.com

Exchange Income Corporation reported revenue of $960 million for Q3 2025, significantly exceeding analysts' expectations, while EPS of $1.46 missed the forecast by $0.01. Adjusted EBITDA rose to $231 million and free cash flow amounted to $131 million. The company announced an annual dividend increase from $2.64 to $2.76 and cited strategic acquisitions and fleet modernization as growth drivers. For 2026, Exchange Income forecasts adjusted EBITDA of $825–875 million, and the stock rose 1.76% in after-hours trading. » Mais em de.investing.com