Element Announces Pricing of Private Offering of Senior Notes

TORONTO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded pure-play automotive fleet manager in the world, today announced that it has agreed to sell US$500 million aggregate principal amount of 4.641% Senior Notes due 2030 (the “Notes”) in a private offering that will not be registered under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will mature on November 24, 2030.