Element Financial (ELEEF) 12.4140 $ELEEF
Element Delivers $0.21 Per Share of Free Operating Cash Flow in Q3 on $8.9 Billion of Earning Assets
Marketwired - Thu Nov 13, 5:55PM CST
Element Financial Corporation (TSX: EFN) -
EFN.TO: 13.88 (+0.42)
Element Financial Schedules Q3-2014 Conference Call
Marketwired - Wed Oct 29, 4:10PM 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 September 30, 2014 after the close of markets on Thursday November 13, 2014.
EFN.TO: 13.88 (+0.42)
Element Expands Senior Credit Facility to $1.6 Billion
Marketwired - Thu Oct 23, 4:09PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" announced today that it has expanded the Company's existing senior credit facility to $1.6 billion with the addition of a further $100 million commitment from a US-based bank. The Company's senior banking facility is led by Bank of Montreal and now includes 9 Canadian and US banks. This provides Element with 3-year term funding capacity at a cost of capital that is currently below rates that are available to BBB+ rated issuers. This funding platform provides the Company with the means to increase its leverage and to fund expected growth through 2015 and beyond in each of its four business verticals - fleet management, railcar finance, vendor & commercial finance and aviation finance. At the same time, as market spreads have widened for all issuers, the Company has elected not to proceed with an unsecured private placement program at this time and will continue to use its lower cost credit facility already in place.
EFN.TO: 13.88 (+0.42)
Element to Host Fleet Management Overview Briefing
Marketwired - Fri Oct 10, 1:21PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company", one of North America's leading equipment finance companies, announced that it will host a briefing on Wednesday, October 15, 2014 to provide sell-side analysts with a general overview of the Company's consolidated North American fleet management business.
EFN.TO: 13.88 (+0.42)
Element Financial Invests in Building a Better Toronto
CNW Group - Fri Oct 03, 7:45AM CDT
Canada's leading equipment finance company donates $15 million to help build new patient care tower for critically ill patients at St. Michael's Hospital
Kroll Bond Rating Agency Releases Rating Report for Element Financial Corporation
Business Wire - Thu Oct 02, 12:56PM CDT
Kroll Bond Rating Agency ("KBRA" has assigned an issuer and senior unsecured debt rating of BBB+ to Element Financial Corporation ("Element", a publicly traded company headquartered in Toronto, Ontario, Canada. Element is a leading equipment finance company in North America and the largest independent finance company in Canada specialized in four strategic equipment categories: Fleet Management, Railcar Finance, Aviation Finance and Vendor and Commercial Finance. The outlook on all ratings is stable.
Kroll Bond Rating Agency Assigns Issuer/Senior Unsecured Debt Rating of BBB+ to Element Financial Corporation
Business Wire - Thu Sep 18, 9:22AM CDT
Kroll Bond Rating Agency ("KBRA" has assigned an issuer and senior unsecured debt rating of BBB+ to Element Financial Corporation ("Element", a publicly traded company headquartered in Toronto, Ontario, Canada. Element is a leading equipment finance company in North America and the largest independent finance company in Canada specialized in four strategic equipment categories: Fleet Management, Railcar Finance, Aviation Finance and Vendor and Commercial Finance. The outlook on all ratings is stable.
Element Financial Receives BBB+ Issuer and Senior Unsecured Rating
Marketwire - Thu Sep 18, 8:27AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company" announced today that it has received an issuer and senior unsecured rating of BBB+ from Kroll Bond Rating Agency (KBRA) . "The ratings are supported by Element's franchise strength and growing market position in Canada as well as the U.S., a highly experienced management team, focus on key business relationships, and strong asset quality," noted KBRA in announcing the rating. The assigned rating carries a stable outlook.
EFN.TO: 13.88 (+0.42)
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:
EFN-PR-C.TO: 26.01 (+0.01), EFN-PR-E.TO: 25.85 (+0.15), EFN-PR-A.TO: 26.23 (+0.15), EFN.TO: 13.88 (+0.42)
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.
EFN.TO: 13.88 (+0.42)
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.
CS: 26.28 (+0.08), EFN.TO: 13.88 (+0.42)
Element Delivers $0.21 Per Share of Free Operating Cash Flow in Q3 on $8.9 Billion of Earning Assets
Marketwired - Thu Nov 13, 5:55PM CST
Element Financial Corporation (TSX: EFN) -
EFN.TO: 13.88 (+0.42)
Element Financial Schedules Q3-2014 Conference Call
Marketwired - Wed Oct 29, 4:10PM 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 September 30, 2014 after the close of markets on Thursday November 13, 2014. EFN.TO: 13.88 (+0.42)
Element Expands Senior Credit Facility to $1.6 Billion
Marketwired - Thu Oct 23, 4:09PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
announced today that it has expanded the Company's existing senior credit facility to $1.6 billion with the addition of a further $100 million commitment from a US-based bank. The Company's senior banking facility is led by Bank of Montreal and now includes 9 Canadian and US banks. This provides Element with 3-year term funding capacity at a cost of capital that is currently below rates that are available to BBB+ rated issuers. This funding platform provides the Company with the means to increase its leverage and to fund expected growth through 2015 and beyond in each of its four business verticals - fleet management, railcar finance, vendor & commercial finance and aviation finance. At the same time, as market spreads have widened for all issuers, the Company has elected not to proceed with an unsecured private placement program at this time and will continue to use its lower cost credit facility already in place. EFN.TO: 13.88 (+0.42)
Element to Host Fleet Management Overview Briefing
Marketwired - Fri Oct 10, 1:21PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"
, one of North America's leading equipment finance companies, announced that it will host a briefing on Wednesday, October 15, 2014 to provide sell-side analysts with a general overview of the Company's consolidated North American fleet management business. EFN.TO: 13.88 (+0.42)
Element Financial Invests in Building a Better Toronto
CNW Group - Fri Oct 03, 7:45AM CDT
Canada's leading equipment finance company donates $15 million to help build new patient care tower for critically ill patients at St. Michael's Hospital
Kroll Bond Rating Agency Releases Rating Report for Element Financial Corporation
Business Wire - Thu Oct 02, 12:56PM CDT
Kroll Bond Rating Agency ("KBRA"
has assigned an issuer and senior unsecured debt rating of BBB+ to Element Financial Corporation ("Element", a publicly traded company headquartered in Toronto, Ontario, Canada. Element is a leading equipment finance company in North America and the largest independent finance company in Canada specialized in four strategic equipment categories: Fleet Management, Railcar Finance, Aviation Finance and Vendor and Commercial Finance. The outlook on all ratings is stable. Kroll Bond Rating Agency Assigns Issuer/Senior Unsecured Debt Rating of BBB+ to Element Financial Corporation
Business Wire - Thu Sep 18, 9:22AM CDT
Kroll Bond Rating Agency ("KBRA"
has assigned an issuer and senior unsecured debt rating of BBB+ to Element Financial Corporation ("Element", a publicly traded company headquartered in Toronto, Ontario, Canada. Element is a leading equipment finance company in North America and the largest independent finance company in Canada specialized in four strategic equipment categories: Fleet Management, Railcar Finance, Aviation Finance and Vendor and Commercial Finance. The outlook on all ratings is stable. Element Financial Receives BBB+ Issuer and Senior Unsecured Rating
Marketwire - Thu Sep 18, 8:27AM CDT
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
announced today that it has received an issuer and senior unsecured rating of BBB+ from Kroll Bond Rating Agency (KBRA) . "The ratings are supported by Element's franchise strength and growing market position in Canada as well as the U.S., a highly experienced management team, focus on key business relationships, and strong asset quality," noted KBRA in announcing the rating. The assigned rating carries a stable outlook. EFN.TO: 13.88 (+0.42)
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: EFN-PR-C.TO: 26.01 (+0.01), EFN-PR-E.TO: 25.85 (+0.15), EFN-PR-A.TO: 26.23 (+0.15), EFN.TO: 13.88 (+0.42)
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. EFN.TO: 13.88 (+0.42)
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. CS: 26.28 (+0.08), EFN.TO: 13.88 (+0.42)
