J.P. Morgan Leads Legendary Entertainment $1B Revolver

Legendary Entertainment closed a $1 billion senior secured revolving credit facility led by J.P. Morgan.

CIT Adds Cha to Comm & Technology Finance Team

CIT Group added Jason Cha to its Communications & Technology Finance team in its Commercial Finance division. Cha began his career with the Leveraged Finance group at Lehman Brothers/Barclays Capital.

CIT Adds Affolter to Sponsor Finance Group

CIT Group added Thomas M. Affolter to the Sponsor Finance team in its Commercial Finance division.

CIT Names Chief Risk Officer; Promotes CCO

CIT named Wahida Plummer as its chief risk officer responsible for all enterprise risk. The company also promoted its Chief Credit Officer Marisa Harney to an expanded role leading all credit risk.

CIT Survey: U.S. Small Businesses See Growth in 2018

CIT Direct Capital announced the results of its survey conducted by The Harris Poll, revealing nearly three out of four U.S. small businesses plan to expand their product and service offerings this year.

CIT Names Jones to Lead Business Capital, Lytle to Lead Rail

CIT named Mike Jones president of Business Capital, replacing Steve Solk who will focus on Consumer Banking. Jeff Lytle was named president of Rail, replacing George Cashman who will retire.

CIT Healthcare Agents $136MM Facility for CommuniCare

CIT Healthcare closed on a $136.9 million senior secured credit facility for CommuniCare Health Services comprised of a $121.9 million real estate term loan and a $15 million revolving asset-based line of credit.

CIT Supports White Oak in $550MM Transaction with GECAS

White Oak Global Advisors completed a $550 million transaction with GE Capital Aviation Services to buy and immediately lease back 20 wide body aircraft engines. CIT served as lead arranger in the transaction.

CIT’s OneWest Bank Names Ellison Head of Retail Branch Channel

Heather Ellison has joined OneWest Bank, CIT Group’s Southern California branch bank, as senior vice president and head of the retail branch banking channel. She succeeds Terri Decker, who has elected to retire in March of 2018.

CIT Adds Nunnari to West Coast Commercial Services Team

Nicholas Nunnari joined CIT’s Commercial Services team as vice president and business development officer.