Element Fleet Management Corp. (TSE:EFN) has released an update.
Element Fleet Management Corp., a leading global fleet manager, has announced a private offering of senior unsecured notes aimed at raising capital for general corporate purposes, including potentially repaying existing debts. The offering will target qualified institutional buyers and will not be publicly registered under the Securities Act of 1933. This strategic financial move is poised to bolster the company’s working capital, reflecting its ongoing commitment to operational efficiency and growth.
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