First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, WI. read more
DEC 21, 2023 - 6:25 am
CIT Northbridge Credit, as advised by CIT Asset Management, provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group, a privately held sales, marketing and supply chain services distributor. read more
MAY 23, 2023 - 6:51 am
CIT Northbridge Credit, advised by CIT Asset Management, provided $40 million in financing for Tronair, a manufacturer of ground support equipment, aftermarket replacement parts and services for the global aviation market. read more
MAY 19, 2023 - 7:00 am
CIT Northbridge Credit, as advised by CIT Asset Management, served as agent on a $27.78 million credit facility for Applied Optoelectronics, a provider of fiber-optic networking products. read more
DEC 9, 2022 - 7:08 am
CIT Northbridge Credit provided financing to Mohawk Fine Papers, a privately held premium paper manufacturer in North America. The financing will be used to refinance existing debt and provide working capital for future endeavors. read more
SEP 23, 2022 - 7:39 am
CIT Northbridge Credit, as advised by CIT Asset Management, served as agent on a $65 million revolving credit facility for Everlane, a retailer of sustainable apparel, accessories and footwear in the United States. read more
SEP 16, 2022 - 7:37 am
CIT named Randy Lederman a managing director for business development activities across the Northeast for CIT Northbridge Credit. Based in New York, Lederman will be responsible for sourcing new asset-based loan opportunities from $15 million to $150 million. read more
JUL 27, 2022 - 7:24 am
CIT Northbridge Credit provided a $65 million credit facility to Hello Bello, a manufacturer and marketer of baby, child and adult care products. read more
APR 29, 2022 - 7:14 am
CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems. read more
APR 22, 2022 - 7:04 am
CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $20 million senior lending facility for Davey Coach Holdings, a portfolio company of Progress Equity Partners and a provider of new and used shuttle bus and rental services. read more
FEB 15, 2022 - 6:13 am
CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $50 million credit facility for Intermetal Rebar. read more
AUG 17, 2021 - 6:00 am
CIT Northbridge Credit, as advised by CIT Asset Management, named Todd Ping a managing director for business development activities across the southeastern United States. read more
MAY 27, 2021 - 6:06 am
CIT Northbridge Credit provided $40 million of a $60 million senior secured credit facility for Stock+Field, a farm, home and outdoor retailer. read more
JUN 11, 2020 - 6:20 am
CIT Northbridge Credit served as sole lead arranger on a $40 million senior secured credit facility for Hantover, a distributor of products to the food processing industry. read more
OCT 17, 2019 - 6:40 am
CIT Northbridge Credit served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services. read more
AUG 1, 2019 - 6:55 am