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Element Financial Closes New US$600 Million Credit Facility

2013-12-20 04:50:32| Railroads - Topix.net

This facility was established to provide bridge financing for railcar leases originated through Element's recently announced strategic alliance with Trinity Industries Inc. while the Company develops an asset backed securitization structure to permanently fund originated railcar leases under this alliance.

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Element Financial Closes Aggregate $560 Million Common Share and Preferred Share Financings

2013-12-17 16:25:41| Railroads - Topix.net

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in .

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Trinity Industries, Inc. Forms Strategic Railcar Alliance with Element Financial Corporation

2013-12-10 17:20:14| Railroads - Topix.net

Trinity Industries, Inc. announced today that its newly formed, wholly-owned subsidiary, TrinityRail Asset Management Company, LLC , has entered into a strategic alliance with Element Financial Corporation , one of North America's leading equipment finance companies, and is expected to develop a diversified portfolio of up to $2 billion of leased ... (more)

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Servo Cable has integrated hyperface bus element.

2013-12-10 14:32:26| Industrial Newsroom - All News for Today

Based on Chainflex® cable series CF270-UL-D, hybrid servo cable provides single-cable solution for servo motors and its program. Core pairs, stranded with optimal pitch-length, satisfy mechanic demands of constant movement. Low-adhesion PUR outer jacket covers the cable, customized to demands of Energy Chain Systems®, and materials of construction promote cable lifetime. Other features include DESINA-conforming orange jacket, flame retardance, and halogen-free design. This story is related to the following:Flexible Cables | Control Cables | Servo Cables

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Element inks railcar deal, acquires portfolio; plans to raise $1 billion

2013-12-10 04:46:41| Railroads - Topix.net

TORONTO, Cananda - Element Financial Corp. said Monday it has signed a deal to provide lease financing for up to $2 billion worth of rail cars over the next two years and acquire a US$245-million of portfolio of financial assets secured by helicopters The equipment financing company also announced plans to raise $1 billion in new capital through a ... (more)

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