U.S. health officials say Americans should wear masks in public to combat the coronavirus. Financial support by CIT Group Inc. is helping two California apparel makers create masks that protect with style.Sanctuary Clothing and Karen Kane, both Los...
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April 08, 2020, 08:00 AM
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CIT outlined a $1 million community commitment to support those affected by COVID-19. These resources will provide some immediate relief to New York City and L.A. County, the respective headquarters for the company and its bank subsidiary. In...
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March 31, 2020, 09:15 AM
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CIT Group announced that its Real Estate Finance business provided a senior secured credit facility to bkm Capital Partners, an investment firm specializing in commercial and industrial real estate, to support a new acquisition in Las Vegas...
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February 14, 2018, 08:00 AM
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Nancy J. Foster plans to join RMA November 28, 2017 and will be appointed President and CEO of The Risk Management Association (RMA), effective January 1, 2018. The announcement was made today by Robert R. Messer, RMA Chair.Foster had been Executive...
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October 05, 2017, 07:00 AM
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Hibernia Networks, a leading provider of global, high speed telecommunications solutions, announces that it has completed a $165 million senior secured credit facility with a new lender group. The refinancing will be used to pay down existing...
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June 02, 2016, 07:04 AM
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Independence Contract Drilling, Inc. announced that it has amended its existing senior secured revolving credit facility and modified covenants to improve the company's financial flexibility. Material components of the credit facility amendment...
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April 15, 2016, 07:59 AM
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Despite ongoing challenges facing the retail sector and the economy, more than 70% of middle market housewares executives are forecasting stronger sales performance in 2014, according to a recent survey (cit.com/housewaresoutlook) by CIT Group Inc....
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December 06, 2013, 07:46 AM
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CIT Real Estate Finance arranged a first lien term loan for Kushner Companies, a diversified real estate company headquartered in New York City. The financing will be used to renovate a 1,000-unit residential apartment complex in the Northeast....
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January 14, 2013, 08:00 AM
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CIT Group provided a senior secured unitranche credit facility to AGC Composites & Aerostructures, a division of Oklahoma-based AGC Aerospace & Defense, for the acquisition of Paul Fabrications Ltd., in the U.K. AGC Composites & Aerostructures, a...
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January 07, 2013, 08:12 AM
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