CIT Group Inc., a leading provider of commercial lending and leasing services, announced that it has completed the sale of its Canadian equipment finance and corporate finance businesses (CIT Canada), with assets of approximately US $700 million, to...
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October 04, 2016, 07:29 AM
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CIT Group announced that CIT Capital Equipment Finance provided a $23.5 million credit facility to GCT Global Container Terminals Inc. (GCT) to purchase two new Liebherr P203L (WS) post-Panamax ship-to-shore gantry cranes that will be used at its...
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February 18, 2015, 07:55 AM
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CIT Group Inc. arranged a senior secured credit facility to support Levine Leichtman Capital Partners’ acquisition of Syntron Material Handling, LLC, a manufacturer of conveying and vibratory equipment used to load, transport and feed bulk...
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July 01, 2014, 07:17 AM
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As more states look to fill their coffers with gaming revenue, many regional operators are facing increased pressure from the added competition from adjacent markets, according to Steve Epperly, Senior Director, CIT Corporate Finance, Gaming, a...
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June 17, 2014, 07:20 AM
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CIT Group Inc. announced that it served as joint lead arranger in a $92 million senior secured credit facility to support Wellspring Capital Management’s strategic investment in Great Lakes Caring, one of the largest independent providers of home...
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May 28, 2014, 07:26 AM
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CIT Group announced that it arranged a $36 million senior secured credit facility to Punta Lima LLC, owner of the Punta Lima Wind Farm in Puerto Rico. The financing was structured through a sale and leaseback of the facility between Sovereign Bank, N...
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September 26, 2013, 08:02 AM
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CIT Group Inc. announced that it provided a senior secured credit facility to The Fragrance Outlet (TFO), a national retailer of perfumes and colognes.The facility will be used to continue to grow the company’s significant outlet mall presence, as...
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September 12, 2013, 07:29 AM
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CIT Group Inc. announced that it arranged a senior secured credit facility for Odyssey Investment Partners, a leading middle market private equity firm. The financing supports Odyssey’s acquisition of Aurora, Colorado-based Cross Country Pipeline...
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July 29, 2013, 08:35 AM
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CIT Group Inc. provided a senior secured credit facility to Aquilex LLC, the parent company of Aquilex HydroChem, a leading provider of industrial cleaning solutions to the petrochemical, refinery, power, and pulp and paper markets. Aquilex LLC is...
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June 11, 2013, 07:40 AM
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