ECN Capital Related Content

ECN Capital Completes Sale of Equipment Finance and Leasing Assets

CWB Financial Group completed its previously announced acquisition of the Canadian commercial and vendor finance assets of ECN Capital. read more

ECN Capital Closes Acquisition of Triad Financial Services

ECN Capital closed the acquisition of Triad Financial Services which will expand ECN’s U.S. finance business into prime and super-prime manufactured housing lending. read more

ECN Capital Enters into Automatic Share Purchase Plan

ECN Capital entered into an automatic securities purchase plan with a designated broker to facilitate repurchases of its outstanding common shares in connection with its normal course issuer bid. read more

ECN Capital to Sell Canadian Commercial and Vendor Finance Assets

ECN Capital entered into a definitive agreement with Canadian Western Bank to sell its Canadian Commercial and Vendor Finance assets for cash proceeds of approximately C$900 million ($700.74 million. read more

KBRA Expects Neutral Effect on Ratings Following ECN’s Triad Buy

Kroll Bond Ratings agency expects that ECN Capital’s acquisition of Triad Financial Services will be neutral to ECN’s ratings. read more

Blockbuster Deals: A Look at High Profile Independent Acquisitions

Over the last 12 months, several major independent equipment leasing companies have been acquired. Banks and private equity firms were some of the major acquirers, with People’s United Bank buying LEAF Commercial Capital and Solar Capital taking on Nations Equipment Finance. What has led to this spike in activity, and will it continue?... read more

ECN Capital Acquires Triad Financial Services for $100MM

ECN Capital entered into a definitive agreement to acquire Triad Financial Services for $100 million in cash. read more

Trinity Advises ECN Capital on Sale of Leased Railcars to Napier Park

Trinity Industries’ wholly-owned subsidiary TrinityRail Asset Management acted as an advisor and arranger on ECN Capital’s sale of a portfolio of approximately 9,950 leased railcars. read more

Hudson Rebukes Notion He is Fleeing Canada to Avoid Higher Taxes

After being accused of fleeing Canada to avoid tax hikes, ECN Capital’s Steve Hudson denied such claims through a spokesman, Canada’s Business News Network reported. read more

ECN Capital Closes the Sale of Rail Finance Assets

ECN Capital closed the sale of Rail Finance Assets (Element Rail Leasing II) to Napier Park Global Capital US on the terms previously announced. read more

ECN Capital Closes Acquisition of Service Finance Holdings

ECN Capital closed the acquisition of Service Finance Holdings on the terms previously announced. read more

KBRA Classifies ECN Capital’s Rail Divestitures as Credit Neutral

Kroll Bond Rating Agency commented on ECN Capital’s announcement of definitive agreements to sell $1.49 billion, or approximately 65%, of its railcar assets to affiliates of ITE Management and Napier Park Global Capital. read more

ECN Capital Sells $1.5B of Rail Assets; Reports Q2 Results

ECN Capital will sell $1,487 million of railcar assets to affiliates of ITE Management and Napier Park Global Capital. The company also reported financial results for Q2/17. read more

ECN Capital Plans Normal Course Issuer Bid for Common Shares

ECN Capital plans to file a notice of intention with the Toronto Stock Exchange to commence a normal course issuer bid for its common shares. read more

ECN Capital Buys Service Finance for $304MM

ECN Capital entered into a definitive agreement to acquire Service Finance Holdings for $304 million. read more

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