CIT Group Related Content

Duke Energy CA Solar Project Now Online with Support from M&T, Others

Duke Energy Renewables’ 150-megawatt North Rosamond solar project has begun commercial operation. M&T Bank's Commercial Equipment Finance Group, among others, previously provided tax equity financing for the project. read more

Gizzard Joins CIT Government Services Business as Managing Director

Leslie Grizzard joined CIT Group in Washington, D.C. as managing director of the Aerospace, Defense & Government Services business. read more

CIT Arranges $416MM Financing for Longroad Solar Project

CIT Group’s Power & Energy business served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility in Texas. read more

CIT Arranges $64MM Refinancing for Assisted Living Facilities

CIT Group’s Healthcare Finance business served as sole lead arranger for a $64 million loan to refinance assisted living facilities in Florida. read more

CIT and NORD/LB Arrange $91MM Financing for Mesa Airlines

CIT Group and NORD/LB served as co-lead arrangers and joint documentation agents on a $91 million term loan for Mesa Airlines, the fifth largest independent regional air carrier in the U.S. read more

CIT Leads $425MM Senior Credit Facility for AdaptHealth

CIT Group’s Healthcare Finance business led a $425 million senior credit facility on behalf of AdaptHealth, the latest in a series of CIT-led financings that have supported the company’s growth trajectory. read more

CIT Arranges $40MM Secured Facility for MPC Container Ships

CIT Group’s Maritime Finance business served as sole lead arranger on a $40 million senior secured credit facility for MPC Container Ships, a provider in the feeder container ship market segment. read more

CIT Reports $119MM in Net Income for Q1/2019

CIT’s first quarter net income available to common shareholders and income from continuing operations available to common shareholders were each $119 million or $1.18 per diluted common share. read more

CIT Arranges $36.8MM Financing for Bakersfield Heart Hospital

CIT Group’s Healthcare Finance business served as sole lead arranger for $36.8 million in financing for the real estate acquisition of the Bakersfield Heart Hospital by The Sanders Trust. read more

FinTech Breakthrough Names CIT Best Personal Finance Company of 2019

CIT Bank was selected as the winner of the Best Personal Finance Company award by FinTech Breakthrough, an independent organization centered on the global fintech market. read more

Harm Joins CIT as Commercial Services Managing Director

Neal Harm joined CIT Group’s Commercial Services business as managing director overseeing strategy, business development and project management. He will report to Commercial Services President Marc Heller. read more

CIT Finances Macquarie Renewable Power Battery Storage Project

CIT Group completed a third round of financing for an innovative battery-based energy storage project that helps facilitate greater use of renewable energy in Southern California. read more

Hubbard Joins CIT as General Counsel

CIT Group named James R. Hubbard its general counsel and corporate secretary, effective March 18, 2019. Hubbard will join CIT's Executive Management Committee and report to Chairwoman and CEO Ellen R. Alemany. read more

CIT Agents Facility for Pritzker Acquisition of KabaFusion

CIT Group’s Healthcare Finance unit served as joint lead arranger and administrative agent on a first-lien credit facility to support for Pritzker Private Capital’s acquisition of KabaFusion, a provider of acute and specialty home infusion services. read more

CIT Northbridge Arranges $24MM Facility for Pocono ProFoods

CIT Northbridge Credit, through its investment advisor CIT Asset Management, served as sole lead arranger on a $24 million senior secured credit facility for Pocono ProFoods, a foodservice distributor in the Northeast and Middle Atlantic regions. read more

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