According to a study by CIT, aerospace executives are optimistic about the short-term prospects of the industry but remained worried about possible interest rate hikes and fuel price volatility. read more

SEP 3, 2015 - 6:45 am

In an article released by CIT, Mike Lorusso, Group Head and Managing Director, CIT Corporate Finance, Energy, asks, what does the drop in oil prices mean for related business that support the industry? read more

APR 2, 2015 - 7:06 am

According to an announcement from Fox & Weeks, former CIT president and CEO John A. Maslanka, 70, passed on February 21, 2015 at Savannah Square Retirement Community. read more

MAR 16, 2015 - 7:15 am

CIT Corporate Finance, Healthcare served as sole lead arranger, sole bookrunner and administrative agent in a $210 million credit facility to support Epic Health Services’ acquisition of Loving Care Agency (LCA). read more

MAR 4, 2015 - 6:10 am

CIT Corporate Finance, Healthcare served as joint lead arranger and joint bookrunner in a $210 million senior secured credit facility for Hospice Compassus. read more

FEB 11, 2015 - 6:47 am

Group head and managing director of CIT Business Aircraft Finance Mike Kahmann, the long-awaited recovery of business jet deliveries in North America is underway. read more

FEB 4, 2015 - 7:12 am

Construction Partners refinanced existing debt and consolidated its borrowings. ServisFirst and BBVA Compass provided revolvers, while a CIT-led syndicate structured an asset-based term loan and capex facility. read more

DEC 18, 2014 - 6:25 am

Capital markets activity continues accelerate, as interest rates are looming, according to Neil Wessan, group head and managing director of CIT Capital Markets, as part of the CIT Executive Insights series. read more

NOV 13, 2014 - 7:23 am

CIT announced that CIT Real Estate Finance provided a $32.9 million senior secured loan to a real estate joint venture between AEW Capital Management and Woodmont Industrial Partners. read more

NOV 11, 2014 - 7:11 am

Bob Bielinski, managing director of the Restaurant Industry Practice for CIT Corporate Finance at CIT Group, provides insight on the restaurant industry and how financing will be sought in the near future. read more

NOV 7, 2014 - 7:05 am

Reuters reported GE Capital bought a $450 million portfolio of European loans from CIT, including mid-market leveraged loans such as a childcare nursery provider. read more

OCT 28, 2014 - 7:44 am

Dexter Van Dango

In mid-September I read an article on American Banker about the “Winners and Losers on CIT’s OneWest Deal.” There were some interesting conclusions drawn by the writer. For example, CIT Group CEO John Thain was listed as a winner because... read more

Oct 2014

S&P views CIT’s pending OneWest Bank acquisition as like to improve CIT’s current credit profile, despite the fact that the transaction will weakening the company’s capital and raise integration and strategic risks and uncertainties. read more

JUL 24, 2014 - 7:06 am