May 16 (Reuters) - Exchange Income Corp
* Exchange income corp says debentures will each have a
maturity date of june 30, 2023
* Intends to use proceeds to initially repay indebtedness
under credit facility
* Debentures will bear interest at 5.25% per annum, payable
semiannually in arrears on june 30 and dec 31 each year
commencing dec 31
* Exchange income corporation announces $60,000,000 bought
deal financing of 5.25% convertible unsecured subordinated
debentures
Source text for Eikon: ID:nCCN4rk11M
Further company coverage: EIF.TO