Element Reveals Pricing for Private Senior Notes Offering

Element Fleet Management's Note Offering: The company announced a private offering of US$500 million in 4.641% Senior Notes due 2030, with proceeds intended for working capital and potential debt repayment.

Regulatory Compliance: The Notes will not be registered under the Securities Act and are being offered only to qualified institutional buyers and non-U.S. persons, adhering to specific regulatory exemptions.

Company Overview: Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, providing comprehensive fleet management services and leveraging technology for enhanced efficiency.

Forward-Looking Statements: The press release includes forward-looking statements about the company's strategies and performance, emphasizing the inherent risks and uncertainties that could affect actual results.