TORONTO, May 24, 2018 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), a global leader in fleet management services, today announced that its subsidiary Custom Fleet has closed an approximate AUD $1 billion asset-backed funding facility secured by commercial fleet leases and their underlying vehicles. The facility will enhance Custom Fleet's ability to further support its fleet customers and continue to expand its market share in the Australian market.
