Element Announces Inaugural Equity Residual Transaction, Expanding Strategic Funding Capabilities
TORONTO, June 26, 2026 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded pure play automotive fleet manager in the world and a global leader in intelligent fleet and mobility solutions, today announced the completion of a $670 million asset-backed security (“ABS”) note offering and sale of corresponding equity residuals involving a portfolio of U.S. fleet lease receivables.
TORONTO, June 26, 2026 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded pure play automotive fleet manager in the world and a global leader in intelligent fleet and mobility solutions, today announced the completion of a $670 million asset-backed security (“ABS”) note offering and sale of corresponding equity residuals involving a portfolio of U.S. fleet lease receivables.
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