Bloomberg reported that GE is in advanced talks to sell assets in its $9 billion vehicle fleet-management business to Element Financial. read more
MAY 27, 2015 - 7:22 am
The Financial Post reported a rumor that Element Financial’s announcement that it is raising $2.5 billion for acquisitions could possibly mean the company will be seeking to acquire GE Capital’s fleet leasing business. read more
MAY 26, 2015 - 8:04 am
Element Financial announced that it has increased the size of its previously announced “bought deal” offering component of $1,550 million of subscription receipts to $1,850 million of subscription receipts. read more
MAY 22, 2015 - 7:32 am
Element Financial announced it plans to sell $1,550 of subscription receipts, $500 million of debentures and $150 million of preferred shares. Element said it intends to use the net proceeds to fund future acquisitions. read more
MAY 21, 2015 - 7:02 am
Trinity Industries said it Railcar Leasing group sold $127 million of railcars to Element Financial during Q1/15. Trinity noted that since Q4/13, the leasing group has completed $1.11 billion of leased railcar sales to Element. read more
APR 24, 2015 - 7:30 am
Element Financial announced it appointed William Lovatt as chairman of its board of directors, Richard Venn as its vice-chairman and The Hon. Brian Tobin as an independent director. Steven Small and Michael D. Harris also announced their retirement from the board. read more
MAR 26, 2015 - 7:06 am
Element Financial announced the appointment of Craig Jackson as vice president of its Asset Management group. Jackson previously served as managing director at ICON. read more
MAR 20, 2015 - 7:26 am
Element Financial said its board of directors declared a quarterly dividend on each of three classes of its five-year rate reset preferred shares. read more
MAR 10, 2015 - 7:33 am
Element Financial announced that it closed its offering of Secured Portfolio Railcar Equipment Notes raising gross proceeds in the amount of $405.0 million. read more
MAR 4, 2015 - 6:30 am
Element Financial reported the company’s earning assets grew substantially during 2014 to $9.7 billion from $3.0 billion a year earlier. New originations for the year of $4.7 billion were up from $2.1 billion in 2013. read more
FEB 26, 2015 - 7:28 am
Element Financial appointed Harry Zander as senior vice president, Sales in its Rail Finance vertical. Zander formerly served at Mitsui Rail. read more
FEB 26, 2015 - 7:17 am
Trinity reported record Q4 and FY earnings on higher revenues. The company noted it sold $114.8 million of railcars to Element Financial in Q4 completing the sale of the first $1 billion of leased railcars to Element and anticipates fulfilling the $2 billion alliance in 2015. read more
FEB 19, 2015 - 7:15 am
Element Financial increased its 2015 outlook for adjusted operating earnings per share based on the favorable translation effect arising from the expected increase in the value of the U.S. dollar relative to the Canadian dollar throughout 2015. read more
JAN 29, 2015 - 7:25 am
NEC Display Solutions of America announced a special financing program provided by Element Financial to help the remaining 1,000 screens at movie theaters across America make the conversion to digital cinema. read more
JAN 22, 2015 - 7:25 am
Element Financial announced that it expects to organically originate approximately $6.5 billion of new equipment loans and leases during 2015, 75% of which will originate in the U.S. read more
DEC 17, 2014 - 7:03 am