TORONTO, Aug. 25 /CNW/ - CFI Trust (the "Trust"), a special-purpose
vehicle administered by CFI Leasing Limited, a wholly-owned subsidiary of
Corpfinance International Limited ("Corpfinance"), announced today that
Corpfinance has reduced the size of its board of directors to two (2)
directors to consist of Kevin Andrews and Christopher J. Ball.
Kevin Andrews, President and Chief Executive Officer of Corpfinance
stated that "these changes were designed to give our board greater flexibility
in making key business decisions in a dynamic environment".
As a result of this change, Gordon Leonard, Eugene Wolski and John L.
Burns have resigned from the board of directors of Corpfinance. John L. Burns
has also resigned as Senior Vice-President and General Counsel to Corpfinance
but will continue providing services to Corpfinance through a consulting
agreement. Eugene Wolski will continue serving as a Senior Vice-President of
About Corpfinance International Limited
Corpfinance International Limited specializes in providing customized
medium and long-term structured and infrastructure financing and capital
solutions for private and public corporations. Corpfinance is based in
Toronto, Ontario with offices in Quebec and British Columbia.
Corpfinance offers capital solutions through its wholly owned subsidiary
CFI Capital Inc. and securitization solutions through CFI Trust, which has
generated over $2 billion in originations. With transactions ranging from $10
million to $100 million Corpfinance can offer fixed interest terms and
amortizations up to thirty years.
For more information on CFI, visit www.corpfinance.ca.
For further information:
For further information: Kevin Andrews, President and Chief Executive
Officer, Corpfinance International Limited