CIT’s power and energy business served as a co-lead arranger on $93.3 million in financing for a portfolio of six battery energy storage systems owned by Key Capture Energy in Texas. read more

FEB 12, 2021 - 6:35 am

CIT’s middle market banking business arranged $10.1 million in financing for WLG Fremont, which will use the financing to construct a 54,000 square foot office building to serve as the new headquarters for RTG Medical. read more

FEB 11, 2021 - 6:30 am

First Citizens BancShares, the parent company of First Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, jointly received stockholder approval to merge companies. read more

FEB 10, 2021 - 6:58 am

CIT’s healthcare finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers by Cypress West Partners. read more

FEB 5, 2021 - 6:39 am

CIT’s technology, media and telecommunications business served as co-lead arranger and joint bookrunner on a $150 million term loan and $15 million revolving credit facility for iEnergizer, a technology services and media solutions company. read more

FEB 3, 2021 - 6:44 am

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Nov/Dec 2020

CIT’s healthcare finance business served as sole lead arranger of senior debt financing totaling $48 million for the acquisition of a portfolio of medical office buildings. The borrower is the joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. read more

JAN 28, 2021 - 6:53 am

CIT’s maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II. read more

JAN 19, 2021 - 7:10 am

CIT’s power and energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar, a solar and storage energy service provider based in North Carolina. read more

JAN 14, 2021 - 6:57 am

The Equipment Leasing and Finance Association unveiled details about the 2021 ELFA Equipment Management Conference & Exhibition, which will be delivered as a virtual event on Feb. 23 and Feb. 24. read more

JAN 7, 2021 - 6:43 am

The Certified Lease & Finance Professional (CLFP) Foundation added 17 new CLFPs who recently sat through and passed the eight-hour online CLFP exam. read more

DEC 30, 2020 - 7:32 am

CIT Group’s annual partnership with Feeding America helped provide 2 million meals to people in need this holiday season. With the support of its customers, employees and followers, CIT brought awareness to the pressing issue of food insecurity across the country. read more

DEC 21, 2020 - 6:38 am

CIT and its Pasadena, CA-based banking subsidiary CIT Bank will plant 50,000 trees in Angeles National Forest through a collaboration with One Tree Planted, a nonprofit organization focused on global reforestation. read more

DEC 14, 2020 - 7:24 am

CIT’s power and energy business served as coordinating lead arranger on $256 million of financing for a Pecos County, TX-based 250-megawatt Taygete I energy project owned by 7X Energy. read more

DEC 10, 2020 - 7:32 am

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

NOV 24, 2020 - 7:14 am