NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a global leader in transportation finance, today announced that CIT Maritime Finance provided a $32 million senior secured credit ...
Will CIT’s failure relight the financial crisis? On July 15, one of the nation’s largest lenders to small businesses, CIT, said the government was unlikely to save it from bankruptcy. The company ...
CIT said the rescue includes a $3 billion secured term loan with a 2.5-year maturity, which will ensure that its small and midsized business customers continue to have access to credit. Term loan ...
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT) cit.com, a global leader in transportation finance, today announced that CIT Maritime Finance provided a $24.1 million senior secured credit ...
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank (FCIS), today announced that its Sponsor Finance business served as lead arranger of debt financing to support SK ...
NEW YORK, Nov. 3, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as coordinating lead arranger of construction financing for a ...
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- CIT, a division of First Citizens Bank (FCIS), today announced that its Power and Energy business served as sole lead arranger of financing for the development ...
CIT Group, Inc. (NYSE: CIT), the financial holding company which last year purchased the parent company of now-defunct reverse mortgage lender Financial Freedom, reported a delay in filing its annual ...
CHICAGO, July 16 (Reuters) - Sports markets already losing business due to the tight credit markets and weak economy could get worse if embattled U.S. lender CIT Group Inc files for bankruptcy, ...
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