NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT) cit.com, a leading provider of commercial lending and leasing services, today announced that it arranged and syndicated a $90 million senior ...
According to Fairholme Fund's latest SEC filing, Bruce Berkowitz and his mutual fund has dumped its entire stake in CIT Group (NYSE: CIT). The stock is up over 12% in the past year, but has been ...
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. The lifeline that Pimco and other bondholders of CIT Group Inc. threw ...
A Jersey City tower built by the family firm was financed with some $190 million in loans, including $50 million through the so-called EB-5 visa program. By Jesse Drucker and Charles V. Bagli In a ...
The possible collapse of a key lender is sending panic through the retail industry, threatening to hang up deliveries of back-to-school clothing and other merchandise and throw holiday ordering into ...
NEW YORK (AP) — Commercial lender CIT Group Inc. said Monday that its second-quarter loss widened, partially as a result of hefty debt-refinancing charges. CIT’s loss amounted to $70.7 million, or 35 ...
CIT said it received commitment for $2 billion in financing, and that it expected to receive commitments by July 31 for an additional $1 billion.Business lender CIT Group Inc. (NYSE: CIT) in ...
CIT Group Inc., a major lender to small and midsize businesses that has struggled under mounting losses and tight credit availability, has amended its debt restructuring offer to enlist more ...
NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today appointed William Douglass ...
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