Element Fleet Management Corp.: Rating Report

DBRS, Inc. (DBRS Morningstar) confirmed the credit ratings of EFN, including the Company’s Long-Term Issuer Rating of BBB (high), Short-Term Issuer Rating of R-2 (high), and Perpetual Preferred Shares rating of Pfd – 3 (high). At the same time, DBRS Morningstar revised all trends to Positive from Stable.