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Element Fleet Management to Sell Senior Notes Via Proposed Private Offering

BY MT Newswires | CORPORATE | 10:05 AM EDT

10:05 AM EDT, 05/26/2026 (MT Newswires) -- Element Fleet Management (ELEEF) intends to sell senior unsecured notes in a proposed private offering that will not be registered under the Securities Act of 1933, as amended, subject to market and other conditions, it said on Tuesday.

The company intends to use proceeds from the notes offering for working capital and general corporate needs, which may include the repayment of existing indebtedness, it said.

The notes will not be registered under the Securities Act or any state securities laws in the United States and may not be offered or sold in the United States absent registration or an applicable exemption from the registration needs, it added.

Shares of the company were last seen down 1.5% at $27.7 on the Toronto Stock Exchange.

Price: 27.75, Change: -0.38, Percent Change: -1.35

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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