CIT Bank Enters Into Strategic Partnership with Allstate

CIT Bank created a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit, will provide revolving and term loan commitments to middle market companies.

CIT Joins Syndicate Providing Warehouse Upsize to Ygrene Energy

Ygrene Energy Fund upsized its warehouse credit line to $410 million provided by Deutsche Bank, SunTrust Robinson Humphrey, Nomura Corporate Funding and new participant CIT Bank.

Wells Fargo-Led Syndicate Amends General Finance Revolver

General Finance amended and extended its North American senior secured revolver with a syndicate led by Wells Fargo that also included: East West Bank, CIT Bank, KeyBank, Private Bank and Trust and Bank Hapoalim.

Macquarie, AMS, CIT Close First Battery Storage Project Financing

Macquarie Capital closed the first non-recourse project financing of battery-based energy storage systems with CIT Bank.

WFCF, CIT Arrange $90MM Upland Software Credit Facility

Upland Software closed an expanded credit facility that provides for up to $90 million in borrowing capacity with Wells Fargo Capital Finance and CIT Bank as joint lead arrangers

KeyBanc Capital Markets Arranges $434MM sPower Equity/Debt Financing

sPower, a private owner of utility-scale solar operating assets, completed a $434 million tax equity investment and construction/term loan. KeyBanc Capital Markets acted as coordinating lead arranger.

CIT Supports Goode Partners’ Acquisition of Forman Mills

CIT served as sole lead arranger for a $35 million senior secured facility to support Goode Partners’ acquisition of Forman Mills.

Citizens, Merrill Lynch, Others Arrange $1.4B Facility for Mohegan Gaming

The Mohegan Tribal Gaming Authority has engaged Citizens Bank, Merrill Lynch, Credit Suisse Securities (USA) SunTrust Robinson Humphrey, Goldman Sachs Bank, KeyBank and CIT Bank to arrange $1.4 billion of new senior secured credit facilities.

CIT Healthcare Agents $242MM Facility for Jordan Health

CIT Healthcare Finance served as lead arranger and administrative agent for a $242 million senior secured credit facility to Jordan Health Services.

CIT Provides $23MM Financing to Lighthouse eDiscovery

CIT Communications and Technology Finance closed a $23 million senior secured credit facility for Lighthouse eDiscovery, a provider of technology-enabled ediscovery services.