TSX:EFNCommercial Services
Element Fleet Management (TSX:EFN): Evaluating Valuation Following $500 Million Senior Notes Offering
Element Fleet Management (TSX:EFN) is taking a major step with its latest financing move by completing a USD 500 million offering of senior notes due in 2030. The proceeds are earmarked for working capital, general corporate needs, and possibly paying down existing debt. This development may be of interest to investors.
See our latest analysis for Element Fleet Management.
Element’s recent $500 million bond issue comes at a time of solid momentum, with its 1-year total shareholder return up...