Rosenthal Adds Yang as West Coast VP

Rosenthal & Rosenthal appointed former CIT VP Ying Yang as vice president responsible for business development with a focus on the firm’s West Coast client base.

CIT Leads $275.3 Million Financing for Blue Wolf Capital

CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners.

CIT Amends Revolver Supporting Sale of Aircraft Leasing Business

CIT Group’s commercial aircraft leasing business entered into an amended revolver that extends the final maturity date and lowers the commitment amount that supports the sale of the business to Avolon Holdings.

AG Adriano Goldschmied, Big Star Select CIT as Sole Factor

CIT Commercial Services was selected as the sole provider of factoring services to AG Adriano Goldschmied and its affiliate, Big Star. Both firms are either owned by or affiliated with Koos Manufacturing, a Los Angeles-based producer of high-end jeans.

CIT Appoints Tufaro EVP, Chief Compliance Officer

CIT Group appointed Paul Tufaro as executive vice president, chief compliance officer. Tufaro joins from Citigroup.

CIT Names Brosnan to Board of Directors; Oros Steps Down

Michael Brosnan has been named to the CIT board of directors, replacing John Oros who has stepped down from board due to the demands of his position with J.C. Flowers.

CIT Arranges $52MM Facility for North American Rescue

CIT Aerospace, Defense & Government Finance served as sole lead arranger in a $52 million senior secured credit facility for North American Rescue.

CIT Q3/16 Financing and Leasing Assets Down 1.6%

In its Q3/16 earnings report, CIT announced that financing leasing assets of $49.3 billion were down 1.6% from the $50.1 billion reported in the same quarter a year ago.

CIT Provides $35MM Financing for Mesa Airlines

CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines.

Opus Bank Adds Solanki to Healthcare Banking Team

Opus Bank appointed former GE Capital, CIT and Prosperity Bank veteran Sharmila Solanki managing director of Healthcare Banking.