Element Financial (ELEEF) 11.8510 $ELEEF
Element Financial to Donate up to $50,000 to Fort McMurray Victims
Marketwire Canada - Fri May 13, 11:07AM CDT
Matching Contributions could raise total to $100,000
EFN.TO: 15.27 (-0.03)
Element Financial Schedules Q1-2016 Conference Call
Marketwired - Mon May 02, 4:08PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"
, one of North America's leading fleet management and equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended March 31, 2016 after the close of markets on Wednesday May 11, 2016.
EFN.TO: 15.27 (-0.03)
Element Reports $0.35 per share of After-tax Adjusted EPS in Q4-2015 Exceeding Consensus Estimates
Marketwired - Wed Mar 02, 4:15PM CST
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-months and year ending December 31, 2015. For the three months ended December 31, 2015 after tax adjusted operating income was $143.5 million or $0.35 per share (basic), exceeding consensus estimates, versus $55.4 million or $0.19 per share for the same period last year. Free operating cash flow was $161.5 million, or $0.40 per share, compared to $71.8 million, or $0.25 per share for the same period last year.
EFN-PR-C.TO: 24.59 (+0.09), EFN-PR-E.TO: 23.75 (-0.15), EFN-PR-G.TO: 24.85 (-0.10), EFN-PR-A.TO: 23.87 (-0.06), EFN.TO: 15.27 (-0.03)
Element Increases After-Tax Adjusted EPS Q4-2015 Guidance to $0.35 Per Share
Marketwired - Wed Feb 03, 6:01AM CST
Element Financial Corporation (TSX: EFN) today announced that it plans to release its Q4-2015 quarterly and fiscal 2015 year-end financial results on March 2, 2016 after the close of markets. The Company also confirmed that it expects to report after-tax adjusted operating income per share of approximately $0.35 for the three-month period ending December 31, 2015 after taking account of integration benefits and continued effective tax management. Originations are expected to amount to approximately $2.6 billion for the quarter reflecting continued strong volumes from each of the Company's four business verticals.
EFN.TO: 15.27 (-0.03)
Element Confirms Strategic Review Process for Its Canadian Commercial & Vendor Finance Operations
Marketwired - Wed Jan 06, 7:40PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, today confirmed that it is proceeding with the strategic review of the Company's Canadian Commercial & Vendor Finance business vertical that it initiated in October of 2015. The Company continues to expect to be actionable on the results of this review process in the first quarter of 2016.
EFN.TO: 15.27 (-0.03)
Element issues USD1.7b of notes through Chesapeake Funding
M2 - Wed Jan 06, 6:04AM CST
Element Financial Corporation (TSX:EFN) said it has closed the issuance of USD1.7 billion in term notes through Chesapeake Funding II LLC, following the previous issuance of USD1.5 billion in variable funding notes issued on December 16, 2015 and bringing the total amount of funding completed through Chesapeake II since its inception as the new funding platform for Element's US. fleet management business to USD3.2 billion. JP Morgan Securities LLC acted as the sole structuring agent and lead arranger for these transactions together with a syndicate of 14 lenders. Subsequent to these issuances, the company has un-drawn commitments of USD1.5 billion available from Chesapeake II to fund future growth in fleet assets. Interest rate spreads for both series of notes were in line with previously funded fleet ABS transactions. The company said proceeds from the notes will be used to repay a portion of Element's three-year term senior secured credit facility. With total assets in excess of USD23.5 billion, Element Financial Corporation is one of North America's leading fleet management and equipment finance companies. Element operates across North America in four verticals of the equipment finance market--fleet management, rail finance, commercial & vendor finance, and aviation finance.
EFN.TO: 15.27 (-0.03)
Element Issues US$ 1.7 Billion of Rated ABS Notes Through Chesapeake Funding II LLC
Marketwired - Wed Dec 30, 6:57PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, today announced that the Company has closed the issuance of US$1.7 billion in term notes through Chesapeake Funding II LLC ("Chesapeake II".
EFN.TO: 15.27 (-0.03)
Element Closes Rated ABS Notes Offered Through New US$4.8 Billion Chesapeake Funding II LLC Conduit to Fund U.S. Fleet Assets
Marketwired - Wed Dec 16, 3:01PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, today announced that the Company has closed Chesapeake Funding II LLC, the new US$4.8 billion rated asset backed security ("ABS" funding conduit that Element has established as the permanent funding platform for its U.S. fleet management business.
EFN.TO: 15.27 (-0.03)
Element Reports $0.32 Per Share of Free Operating Cash Flow and Initiates Quarterly Dividend of $0.025 Per Share
Marketwired - Tue Nov 10, 3:53PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company", one of North America's leading fleet management and equipment finance companies, today reported financial results for the three-month and nine-month periods ending September 30, 2015 with free operating cash flow $107.1 million or $0.32 per share for the three-month period and after tax adjusted operating income of $87.2 million or $0.26 per share (basic) for the three-month period versus the consensus estimate of $0.25 per share.
EFN-PR-C.TO: 24.59 (+0.09), EFN-PR-E.TO: 23.75 (-0.15), EFN-PR-G.TO: 24.85 (-0.10), EFN-PR-A.TO: 23.87 (-0.06), EFN.TO: 15.27 (-0.03)
Element Financial Announces New Time for Q3-2015 Conference Call
Marketwired - Tue Nov 03, 3:01PM CST
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, 2015 after the close of markets on Tuesday November 10, 2015.
EFN.TO: 15.27 (-0.03)
Element Financial to Donate up to $50,000 to Fort McMurray Victims
Marketwire Canada - Fri May 13, 11:07AM CDT
Matching Contributions could raise total to $100,000
EFN.TO: 15.27 (-0.03)
Element Financial Schedules Q1-2016 Conference Call
Marketwired - Mon May 02, 4:08PM CDT
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"
, one of North America's leading fleet management and equipment finance companies, announced that it intends to file its financial statements and management discussion and analysis for the fiscal quarter ended March 31, 2016 after the close of markets on Wednesday May 11, 2016. EFN.TO: 15.27 (-0.03)
Element Reports $0.35 per share of After-tax Adjusted EPS in Q4-2015 Exceeding Consensus Estimates
Marketwired - Wed Mar 02, 4:15PM CST
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-months and year ending December 31, 2015. For the three months ended December 31, 2015 after tax adjusted operating income was $143.5 million or $0.35 per share (basic), exceeding consensus estimates, versus $55.4 million or $0.19 per share for the same period last year. Free operating cash flow was $161.5 million, or $0.40 per share, compared to $71.8 million, or $0.25 per share for the same period last year. EFN-PR-C.TO: 24.59 (+0.09), EFN-PR-E.TO: 23.75 (-0.15), EFN-PR-G.TO: 24.85 (-0.10), EFN-PR-A.TO: 23.87 (-0.06), EFN.TO: 15.27 (-0.03)
Element Increases After-Tax Adjusted EPS Q4-2015 Guidance to $0.35 Per Share
Marketwired - Wed Feb 03, 6:01AM CST
Element Financial Corporation (TSX: EFN) today announced that it plans to release its Q4-2015 quarterly and fiscal 2015 year-end financial results on March 2, 2016 after the close of markets. The Company also confirmed that it expects to report after-tax adjusted operating income per share of approximately $0.35 for the three-month period ending December 31, 2015 after taking account of integration benefits and continued effective tax management. Originations are expected to amount to approximately $2.6 billion for the quarter reflecting continued strong volumes from each of the Company's four business verticals.
EFN.TO: 15.27 (-0.03)
Element Confirms Strategic Review Process for Its Canadian Commercial & Vendor Finance Operations
Marketwired - Wed Jan 06, 7:40PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today confirmed that it is proceeding with the strategic review of the Company's Canadian Commercial & Vendor Finance business vertical that it initiated in October of 2015. The Company continues to expect to be actionable on the results of this review process in the first quarter of 2016. EFN.TO: 15.27 (-0.03)
Element issues USD1.7b of notes through Chesapeake Funding
M2 - Wed Jan 06, 6:04AM CST
Element Financial Corporation (TSX:EFN) said it has closed the issuance of USD1.7 billion in term notes through Chesapeake Funding II LLC, following the previous issuance of USD1.5 billion in variable funding notes issued on December 16, 2015 and bringing the total amount of funding completed through Chesapeake II since its inception as the new funding platform for Element's US. fleet management business to USD3.2 billion. JP Morgan Securities LLC acted as the sole structuring agent and lead arranger for these transactions together with a syndicate of 14 lenders. Subsequent to these issuances, the company has un-drawn commitments of USD1.5 billion available from Chesapeake II to fund future growth in fleet assets. Interest rate spreads for both series of notes were in line with previously funded fleet ABS transactions. The company said proceeds from the notes will be used to repay a portion of Element's three-year term senior secured credit facility. With total assets in excess of USD23.5 billion, Element Financial Corporation is one of North America's leading fleet management and equipment finance companies. Element operates across North America in four verticals of the equipment finance market--fleet management, rail finance, commercial & vendor finance, and aviation finance.
EFN.TO: 15.27 (-0.03)
Element Issues US$ 1.7 Billion of Rated ABS Notes Through Chesapeake Funding II LLC
Marketwired - Wed Dec 30, 6:57PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today announced that the Company has closed the issuance of US$1.7 billion in term notes through Chesapeake Funding II LLC ("Chesapeake II". EFN.TO: 15.27 (-0.03)
Element Closes Rated ABS Notes Offered Through New US$4.8 Billion Chesapeake Funding II LLC Conduit to Fund U.S. Fleet Assets
Marketwired - Wed Dec 16, 3:01PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today announced that the Company has closed Chesapeake Funding II LLC, the new US$4.8 billion rated asset backed security ("ABS" funding conduit that Element has established as the permanent funding platform for its U.S. fleet management business. EFN.TO: 15.27 (-0.03)
Element Reports $0.32 Per Share of Free Operating Cash Flow and Initiates Quarterly Dividend of $0.025 Per Share
Marketwired - Tue Nov 10, 3:53PM CST
Element Financial Corporation (TSX: EFN) ("Element" or the "Company"
, one of North America's leading fleet management and equipment finance companies, today reported financial results for the three-month and nine-month periods ending September 30, 2015 with free operating cash flow $107.1 million or $0.32 per share for the three-month period and after tax adjusted operating income of $87.2 million or $0.26 per share (basic) for the three-month period versus the consensus estimate of $0.25 per share. EFN-PR-C.TO: 24.59 (+0.09), EFN-PR-E.TO: 23.75 (-0.15), EFN-PR-G.TO: 24.85 (-0.10), EFN-PR-A.TO: 23.87 (-0.06), EFN.TO: 15.27 (-0.03)
Element Financial Announces New Time for Q3-2015 Conference Call
Marketwired - Tue Nov 03, 3:01PM CST
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, 2015 after the close of markets on Tuesday November 10, 2015. EFN.TO: 15.27 (-0.03)
