09:49 AM EST - Element Fleet Management Corp. : Has closed the previously announced offering of 6,000,000 5.75% Cumulative 5-Year Minimum Rate Reset Preferred Shares, Series I, including 2,000,000 shares issued pursuant to the underwriters' option, which was exercised in full on April 28, at a price of $25.00 per share for aggregate gross proceeds of $150,000,000. Element Fleet Management Corp.
shares T.EFN are trading unchanged at $11.60.
