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ECN Capital Corp (ECN.TO)

ECN.TO on Toronto Stock Exchange

5.75CAD
24 Feb 2020
Change (% chg)

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Latest Key Developments (Source: Significant Developments)

ECN Capital Announces Sale Of 55 Pct Of Its Rail Portfolio
Monday, 24 Sep 2018 

Sept 24 (Reuters) - ECN Capital Corp ::ECN CAPITAL ANNOUNCES SALE OF 55% OF EXISTING RAIL PORTFOLIO AND INVENTORY REDUCTION.ECN CAPITAL CORP - DEAL FOR PROCEEDS OF $360 MILLION.ECN CAPITAL CORP - ENTERED INTO AN AGREEMENT TO SELL RAILCAR ASSETS TO AFFILIATES OF TRINITY INDUSTRIES LEASING COMPANY.ECN CAPITAL CORP - ECN REMAINS COMMITTED TO ORDERLY WINDDOWN OF ITS REMAINING LEGACY ASSETS.ECN CAPITAL - LEASED APPROXIMATELY $38 MILLION OF RAILCARS PREVIOUSLY IN IDLE INVENTORY DURING Q3 THAT ARE NOT PART OF ERL I SALE.ECN CAPITAL CORP - ECN LEASED ABOUT $38 MILLION OF RAILCARS PREVIOUSLY IN IDLE INVENTORY DURING Q3 THAT ARE NOT PART OF ERL I SALE.ECN CAPITAL - REDUCED RAIL INVENTORY BALANCE TO ABOUT $3 MILLION FROM $40.9 MILLION AS OF JUNE 30, 2018.  Full Article