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CIT names Chai president
CIT Group Inc. (NYSE: CIT), a provider of financing to small businesses and middle market companies, has named Nelson J. Chai as president. Chai previously served as the company …
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CIT to redeem $860M in Series B notes
NEW YORK – CIT Group Inc. (NYSE: CIT) , a provider of financing to small businesses and middle market companies, will redeem all of its outstanding 10.25% Series B Second Lien Notes maturing …
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CIT completes $3B refinancing, prepays $1B of first lien debt
NEW YORK – CIT Group Inc. (NYSE: CIT) , a provider of financing to small businesses and middle market companies, has refinanced $3 billion of its first lien debt and prepaid the approximate …
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CIT appoints Quinlan executive vice president, banking
NEW YORK – CIT Group Inc. (NYSE: CIT) , a provider of financing to small businesses and middle market companies, has named Raymond J. Quinlan as executive vice president, banking. He will …
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CIT to redeem additional $500 million of 2013 Series A Notes
NEW YORK – CIT Group Inc. (NYSE: CIT) , a provider of financing to small businesses and middle market companies, will redeem an additional $500 million of its 7% Series A Second Lien Notes …
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CIT to redeem $500M of Series A notes
NEW YORK – CIT Group Inc. (NYSE: CIT) , a provider of financing to small businesses and middle market companies, announced that it will redeem $500 million of its 7% Series A Second Lien Notes …
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CIT enters restructuring plan, incremental $1B line of credit with Icahn Capital
CIT Group Inc., a provider of financing to small businesses and middle market companies, has entered into an agreement with Carl Icahn to support its restructuring plan …
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CIT amends tender offer in bondholders' favor
… the consent of the lenders’ steering committee for its $3 billion secured credit facility, CIT Group Inc., a provider of financing to small businesses and middle market companies, has amended its pending tender offer for its $1 billion of Floating …
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Burleson Cooke extends Marcellus reach; adds five to Pittsburgh office
… company's outstanding common shares. CIT names Tobin acting CEO, CFO to retire in April CIT Group Inc., a provider of financing to small businesses and middle market companies, has appointed current board member Peter J. Tobin acting CEO …
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Peek to resign as CIT CEO by year-end
Jeffrey M. Peek will resign as chairman and CEO of New York-based CIT Group, a provider of financing to small businesses and middle market companies, effective December 31, 2009. The board is forming a committee to oversee the …