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.
CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided $85 million in financing to CVB. Proceeds from the financing will be used to refinance an existing asset-based revolver and for working capital.
First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy’s.
CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $55 million revolving credit facility to National CineMedia to support the company’s emergence from Chapter 11 bankruptcy.
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.
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.
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.
CIT, a division of First Citizens Bank, advised by CIT Asset Management, served as agent on a $40 million revolving credit facility provided to Biery Cheese.
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.
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.