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SELECTED TRANSACTION DETAILS
CIT Closes CIT Closes Asset-Based Credit Facility Up to $145MM for Commercial Finance Company
Thursday, February 18, 2021

Lenders/Participants CIT Group [Arranger, Lender]
Structure $80MM Revolver with $65MM Accordion
Amount $145.000 Million
Borrower(s) Undisclosed
Description The transaction includes a revolving credit facility of $80 million with an accordion feature for up to $65 million more. Transaction details not disclosed.
Industry Lender Finance
Related Tags CIT Group




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