CIT Arranges Financing for Odyssey’s Cross Country Acquisition

CIT said that it has arranged a senior secured credit facility for Odyssey Investment Partners to support Odyssey’s acquisition Cross Country Pipeline Supply.

July 30, 2013 CIT Bank | CIT Corporate Finance | Cross Country Pipeline Supply | Odyssey Investment Partners ABF Journal

CIT Appoints Chesler President of CIT Bank

CIT said it has named Randall Chesler as president of CIT Bank, its U.S. commercial bank subsidiary. He is currently vice chairman of CIT Bank and previously served as president of Consumer Finance and Small Business Lending at CIT.

July 29, 2013 CIT | CIT Bank | Randall Chesler ABF Journal

CIT Arranges Financing for Independence Contract Drilling

CIT announced that it arranged a $60 million senior secured credit facility for Independence Contract Drilling. CIT Corporate Finance served as sole lead arranger and sole lead administrative agent.

June 12, 2013 CIT Bank | CIT Corporate Finance | drilling rigs | Independence Contract Drilling | Independence Contract Drilling CIT ABF Journal

CIT Arranges Financing for Medsurant Holdings

CIT said it has arranged and syndicated a senior secured credit facility to support the growth strategy of Dallas-based Medsurant Holdings.

February 20, 2013 CIT Bank | CIT Healthcare | Medsurant Holdings | Medsurant Holdings CIT | transaction ABFJ News

CIT Surprises With Q4 Profit Surge

CIT reported Q4 net income of $207 million, $1.03 per share, was up from $36 million or $0.18 per share for the year-ago quarter. Analysts polled by Thomson Reuters expected the company to earn $0.61 per share.

January 29, 2013 CIT Bank | CIT Group | FSA | sequentially ABFJ News