Element Financial Related Content

CLFP Foundation Adds 40 New CLFPs

The Certified Lease & Finance Professional Foundation announced 40 individuals successfully passed the 8-hour online CLFP exam during the months of July and August. read more

Element’s Hudson Named EY Entrepreneur of the Year Ontario

Steven Hudson, chief executive officer of Element Financial won the 2016 Entrepreneur of the Year Ontario award. read more

Kroll Assigns Ratings to Element Fleet Management, ECN Capital

Kroll Bond Rating Agency assigned issuer ratings of A- to Element Fleet Management and BBB to ECN Capital, following the business separation of Element Financial. read more

Element Closes Business Separation Transaction

Element Financial, now Element Fleet Management and ECN Capital, completed the reorganization of Element into two separate publicly-traded companies. read more

INFOR Files Final Prospectus on ECN Capital Acquisition

INFOR Acquisition received a receipt for a final non-offering prospectus in connection with the completion of its proposed qualifying acquisition with ECN Capital. read more

Element Shareholders Overwhelmingly Vote in Favor of Business Split

Element Financial’s plan to split into two separate entities received nearly unanimous approval (99.52%) in a special meeting of shareholders. read more

Element Reports Q2 Fleet Originations Double Year/Year

Element Financial reported Q2/16 originations from its Fleet Management business of $1.70 billion compared to $820.7 million for the same quarter a year earlier. read more

Element Reports ECN Capital Portfolio Growth of 22% Y/Y

Element reported total earning assets for ECN Capital at the end of Q2/16 was $6.6 billion, up 22% compared to $5.4 billion at the end of Q2/15. read more

Element Shares Take Biggest Drop Since June Following Infor Buy

Bloomberg reported that following its acquisition of Infor Acquisition, Element Financial’s shares dropped 5.1%, its largest fall in a month. read more

Element Board Unanimously Approves Business Separation Plan

Element Financial’s board of directors unanimously approved plans to proceed with the reorganization of Element into two separate publicly-traded companies targeted for closing on October 3, 2016. read more

Element Taps Rated Debt Market for $2.25B

Element Financial closed the issuance of $1.0 billion in rated term notes and the renewal of its asset-backed funding facility with the company’s lending syndicate which was expanded by $1.25 billion. read more

Element Financial Votes in Nine Directors at Annual Meeting

Element Financial confirmed that the nine director nominees announced in May were all elected as directors at the company’s annual shareholders meeting, which was held in Toronto. read more