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Element Fleet Management Corp T.EFN

Alternate Symbol(s):  ELEEF

Element Fleet Management Corp. is a Canada-based fleet solutions providers. It operates as a pure-play automotive fleet manager. The Company offers a full range of fleet services and solutions to corporations, governments and not for profits across North America, Australia, and New Zealand. Its services address every aspect of clients' fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating electric vehicles' (EV) and managing the complexity of gradual fleet electrification. It offers a range of fleet solutions consisting of cost management; driver productivity and vehicle uptime; fleet electrification, lease vs ownership, sale leaseback, and others. Its fleet types include global; government and public sector; material handling equipment; sales, and heavy trucks. It offers fleet solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities.


TSX:EFN - Post by User

Post by MikeySwooshon Jan 15, 2016 1:39pm
112 Views
Post# 24462787

EFN.PR.C and EFN.PR.G

EFN.PR.C and EFN.PR.GElement C and G series preferred shares are being added to the S&P Dow Jones Preferred Share Index and Laddered Preferred Share Index on Monday, and yet they've been battered over the past few days. Of course an interest rate cut by the BOC is negative for rate-resets, but they're both yielding well in excess of seven percent currently, aren't reset until 2019 and 2020, and both have relatively high reset spreads. Am I missing something? There should be significant fund buying over the next few days to get a trade in at the very least. 
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