Kroll Bond Rating Agency released a comment on the Q4/17 results of Element Fleet Management, which included a significant charge related to the company’s 49.99% interest in 19th Capital, a joint venture involved in leasing highway tractors and trucks in the U.S. read more

MAR 22, 2018 - 7:15 am

Element Fleet Management reported core fleet originations in Q4/17 were C$1.46 billion ($1.13 billion) compared to C$1.44 billion ($1.11 billion) in Q3/17 and C$1.43 billion ($1.10 billion) in Q4/16. read more

MAR 15, 2018 - 7:07 am

Element Fleet Management announced that Bradley Nullmeyer will retire as CEO and director and Dan Jauernig will service as acting CEO. read more

FEB 6, 2018 - 7:19 am

Bloomberg reported that Element Fleet Management, after facing pressure to sell from investors, is evaluating a joint bid from Canada Pension Plan Investment Board and Onex as well as a bid from KKR & Co. read more

DEC 14, 2017 - 7:19 am

The Certified Lease & Finance Professional Foundation announced that Carol Virgin, syndication manager at CHG-Meridian, became the 500th CLFP. read more

NOV 13, 2017 - 7:51 am

Element Fleet Management reported management net revenue was C$655.5 million ($514.9 million) in the first nine months of the year, down 3.0% from C$675.9 million ($530.9 million) in the first nine months of 2016. read more

NOV 9, 2017 - 6:23 am

Element Fleet Management completed the issuance of $1 billion of rated term notes through Chesapeake Funding II LLC. read more

NOV 1, 2017 - 7:12 am

Element Fleet Management appointed Chris Gittens to the role of president of Canadian operations. Gittens replaced Sebastien Blondin, who will pivot to a strategic business development role. read more

OCT 27, 2017 - 6:51 am

Element Fleet Management received an initial issuer rating of BBB+ with stable outlook from Fitch Ratings. read more

OCT 5, 2017 - 7:13 am

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

SEP 29, 2017 - 7:26 am

Brian Tobin was named the chairman of the board of directors of Element Fleet Management. Richard Venn, Element’s outgoing chairman, will continue to be a member of the board. read more

SEP 22, 2017 - 7:39 am

Element Fleet Management sold $23 million of Element Rail Leasing II LLP 2016-1 Class B notes for an amount exceeding the current book value of the notes. read more

SEP 20, 2017 - 6:58 am

Element Fleet Management announced the sale of approximately 60% of its heavy-duty U.S. truck portfolio for cash proceeds of $113.2 million in excess of book value. read more

SEP 7, 2017 - 7:00 am

Element Fleet Management released its Q2/17 financial results, reporting core fleet management net revenue was C$436.5 million ($344.09 million) in the first half of the year, down 2.9% from C$449.7 million ($354.5 million) in the first half of 2016. read more

AUG 11, 2017 - 7:04 am

According to a Nasdaq report, citing data from the International Financing Review, Element Fleet Management’s most recent ABS issue reached $1 billion, which effectively doubled its size. read more

AUG 7, 2017 - 7:47 am