Element Financial (ELEEF) 13.2260 $ELEEF
Element Financial Declares Quarterly Preferred Share Dividends
Marketwire - Tue Sep 09, 6:03AM CDT
Element Financial Corporation (TSX: EFN) ("Element"
, one of North America's leading equipment finance companies, announced today that its Board of Directors declared the following dividends on Element's preferred shares:
Element Delivers $0.14 of Free Operating Cash Flow EPS in Q2 on $4.1 Billion of Earning Assets
Marketwire - Tue Aug 12, 4:32PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" , one of North America's leading equipment finance companies, today reported financial results for the three-month and six-month periods ending June 30, 2014 with organic originations of $0.8 billion contributing to a 7.9 percent increase in the Company's total earning assets to $4.1 billion as at June 30, 2014 versus $3.8 billion as at March 31, 2014.
Element Builds Structured Finance Team With the Recruitment of Senior Wall Street Veterans
Marketwire - Fri Aug 08, 6:02AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" today announced the recruitment of a team of experienced structured finance veterans formerly with Credit Suisse Group. Together, this team has more than US$45 billion of experience structuring, investing and syndicating rail and aviation equipment finance transactions. The team's expertise includes transaction structuring for some of the world's largest transportation equipment lessors as well as syndicating rail lease pools and aircraft portfolios to US institutional investors. The team's investor base is principally comprised of US life insurance companies and includes more than 140 institutional investors participating in more than 60 transactions.
Element Financial Schedules Q2-2014 Conference Call
Marketwire - Fri Jul 18, 12:22PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company" , one of North America's leading equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended June 30, 2014 after the close of markets on Tuesday August 12, 2014.
PHH closes divestiture of Fleet Management Services business for USD1.4bn cash
M2 - Tue Jul 08, 5:23AM CDT
The holding company of a provider of end-to-end mortgage solutions, PHH Corporation (NYSE
HH) completed the sale of its Fleet Management Services business, PHH Arval for USD1.4bn cash as of 1 July 2014 to Element Financial Corporation, it revealed on Tuesday.
How Will PHH (PHH) Stock React To Its $1.4 Billion Fleet Management Services Business Sale?
at The Street - Mon Jul 07, 3:39PM CDT
PHH (PHH) completed its $1.4 billion fleet management services sale.
Element Financial Closes PHH Arval Acquisition
Marketwire - Mon Jul 07, 3:02PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" has closed the previously announced acquisition of the assets and operations of PHH Arval (the "Acquisition" for a purchase price of US$1.4 billion. The all-cash transaction was financed with a combination of 74,416,500 subscription receipts (the "Subscription Receipts" at $12.75 per Subscription Receipt, $345,000,000 aggregate principle amount debentures and 5,000,000 cumulative 5-year rate reset preferred shares series E at $25.00 per preferred share (the "Capital Raise" . Concurrent with the closing of the Acquisition, each Subscription Receipt will be exchanged for one common share of the Company as soon as practicable in accordance with their terms with the Subscription Receipts to be delisted from the Toronto Stock Exchange.
Enhanced Remodel Financing Solutions For Arby's Franchisees
PR Newswire - Mon Jun 30, 8:00AM CDT
Arby's Restaurant Group, Inc. (ARG), franchisor of the iconic quick-service sandwich chain with nearly 3,400 Arby's® restaurants worldwide, has entered into an agreement with Element Financial Corp. to power the Arby's Remodel Financing Program. Earlier this month, Arby's announced a new Brand Revitalization and remodel program with plans to renovate at least 30 company-operated restaurants in 2014 and further significant remodels across the system in 2015.
Element Financial Corporation Announces Voting Results for Election of Directors
Marketwire - Thu Jun 26, 9:19PM CDT
Element Financial Corporation (TSX: EFN) ("Element" confirmed today that the ten nominees listed in its management proxy circular dated May 13, 2014 were elected as its directors. The detailed results of the vote for the election of directors at its Annual Meeting of Shareholders (the "Meeting" held earlier today in Toronto, Ontario are set out below.
Senior Management Invests an Additional $11.2 Million in Element's Securities
Marketwire - Thu Jun 19, 6:21AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" , one of North America's leading equipment finance companies, today announced that members of the Company's senior management team and Board of Directors purchased approximately $11.2 million worth of Element securities in connection with the Company's recently completed $1.42 billion offering of subscription receipts, debentures and preferred shares (the "Offering" .
IIROC Trade Resumption - Element Financial Corp. 6.4% Pfd E
Newsfile Corp - Wed Jun 18, 8:17AM CDT
Trading resumes in:
IIROC Trade Halt - Element Financial Corp. 6.4% Pfd E
Newsfile Corp - Wed Jun 18, 8:12AM CDT
The following issues have been halted by IIROC:
IIROC Trade Resumption - EFN.PR.E
CNW Group - Wed Jun 18, 8:05AM CDT
Trading resumes in:
IIROC Trade Resumption - Element Financial Corporation
Newsfile Corp - Wed Jun 18, 8:02AM CDT
Trading resumes in:
Element Financial Declares Quarterly Preferred Share Dividends
Marketwire - Tue Sep 09, 6:03AM CDT
Element Financial Corporation (TSX: EFN) ("Element"
, one of North America's leading equipment finance companies, announced today that its Board of Directors declared the following dividends on Element's preferred shares: Element Delivers $0.14 of Free Operating Cash Flow EPS in Q2 on $4.1 Billion of Earning Assets
Marketwire - Tue Aug 12, 4:32PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading equipment finance companies, today reported financial results for the three-month and six-month periods ending June 30, 2014 with organic originations of $0.8 billion contributing to a 7.9 percent increase in the Company's total earning assets to $4.1 billion as at June 30, 2014 versus $3.8 billion as at March 31, 2014. Element Builds Structured Finance Team With the Recruitment of Senior Wall Street Veterans
Marketwire - Fri Aug 08, 6:02AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
today announced the recruitment of a team of experienced structured finance veterans formerly with Credit Suisse Group. Together, this team has more than US$45 billion of experience structuring, investing and syndicating rail and aviation equipment finance transactions. The team's expertise includes transaction structuring for some of the world's largest transportation equipment lessors as well as syndicating rail lease pools and aircraft portfolios to US institutional investors. The team's investor base is principally comprised of US life insurance companies and includes more than 140 institutional investors participating in more than 60 transactions. Element Financial Schedules Q2-2014 Conference Call
Marketwire - Fri Jul 18, 12:22PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"
, one of North America's leading equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended June 30, 2014 after the close of markets on Tuesday August 12, 2014. PHH closes divestiture of Fleet Management Services business for USD1.4bn cash
M2 - Tue Jul 08, 5:23AM CDT
The holding company of a provider of end-to-end mortgage solutions, PHH Corporation (NYSE
HH) completed the sale of its Fleet Management Services business, PHH Arval for USD1.4bn cash as of 1 July 2014 to Element Financial Corporation, it revealed on Tuesday. How Will PHH (PHH) Stock React To Its $1.4 Billion Fleet Management Services Business Sale?
at The Street - Mon Jul 07, 3:39PM CDT
PHH (PHH) completed its $1.4 billion fleet management services sale.
Element Financial Closes PHH Arval Acquisition
Marketwire - Mon Jul 07, 3:02PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
has closed the previously announced acquisition of the assets and operations of PHH Arval (the "Acquisition" for a purchase price of US$1.4 billion. The all-cash transaction was financed with a combination of 74,416,500 subscription receipts (the "Subscription Receipts" at $12.75 per Subscription Receipt, $345,000,000 aggregate principle amount debentures and 5,000,000 cumulative 5-year rate reset preferred shares series E at $25.00 per preferred share (the "Capital Raise" . Concurrent with the closing of the Acquisition, each Subscription Receipt will be exchanged for one common share of the Company as soon as practicable in accordance with their terms with the Subscription Receipts to be delisted from the Toronto Stock Exchange. Enhanced Remodel Financing Solutions For Arby's Franchisees
PR Newswire - Mon Jun 30, 8:00AM CDT
Arby's Restaurant Group, Inc. (ARG), franchisor of the iconic quick-service sandwich chain with nearly 3,400 Arby's® restaurants worldwide, has entered into an agreement with Element Financial Corp. to power the Arby's Remodel Financing Program. Earlier this month, Arby's announced a new Brand Revitalization and remodel program with plans to renovate at least 30 company-operated restaurants in 2014 and further significant remodels across the system in 2015.
Element Financial Corporation Announces Voting Results for Election of Directors
Marketwire - Thu Jun 26, 9:19PM CDT
Element Financial Corporation (TSX: EFN) ("Element"
confirmed today that the ten nominees listed in its management proxy circular dated May 13, 2014 were elected as its directors. The detailed results of the vote for the election of directors at its Annual Meeting of Shareholders (the "Meeting" held earlier today in Toronto, Ontario are set out below. Senior Management Invests an Additional $11.2 Million in Element's Securities
Marketwire - Thu Jun 19, 6:21AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading equipment finance companies, today announced that members of the Company's senior management team and Board of Directors purchased approximately $11.2 million worth of Element securities in connection with the Company's recently completed $1.42 billion offering of subscription receipts, debentures and preferred shares (the "Offering" . IIROC Trade Resumption - Element Financial Corp. 6.4% Pfd E
Newsfile Corp - Wed Jun 18, 8:17AM CDT
Trading resumes in:
IIROC Trade Halt - Element Financial Corp. 6.4% Pfd E
Newsfile Corp - Wed Jun 18, 8:12AM CDT
The following issues have been halted by IIROC:
IIROC Trade Resumption - EFN.PR.E
CNW Group - Wed Jun 18, 8:05AM CDT
Trading resumes in:
IIROC Trade Resumption - Element Financial Corporation
Newsfile Corp - Wed Jun 18, 8:02AM CDT
Trading resumes in:
