CIT, TPG Special Situations Partners Enter into JV

CIT announced a joint venture with funds managed by TPG Special Situations Partners. The JV will have a target size of $500 million and will provide secured financing to companies in a variety of industries throughout the U.S.

CIT Discusses Energy Sector Growth Opportunities, Challenges

In a recent CIT Executive Insights, Mike Lorusso, group head and managing director, CIT Corporate Finance, Energy, says mid-market energy companies looking to grow are finding easier access to lending and finance.

CIT Provides $65MM in Financing to Support Laney Acquisition

CIT Corporate Finance served as joint lead arranger and syndication agent in a $65 million financing to support Maxim Parnters’ and Falcon Investment Advisors’ acquisition of Laney Directional Drilling.

CIT Arranges $125MM ICD Facility

CIT Corporate Finance acted as sole lead arranger and sole lead administrative agent for a $125 million senior secured credit facility for Independence Contract Drilling.

GE Energy Arranges Saguaro Power Plant Facility

GE Energy Financial Services, through GE Capital Markets, served as the lead arranger in a $97.4 million facility for Saguaro Power’s cogeneration project in Nevada. CIT Corporate Finance participated in the facility as a lender.

CIT Arranges $110MM Financing for Epic Health Services

CIT Corporate Finance said it served as sole lead arranger in a $110 million senior secured facility for Epic Health Services.

CIT Arranges $140MM Facility for National Dentex

CIT Group announced that CIT Corporate Finance served as joint lead arranger in a $140 million senior secured credit facility for National Dentex.

CIT Provides $35MM Financing to Central States Tower

CIT Corporate Finance said it provided a $35 million senior secured credit facility to Central States Tower II, a portfolio company of Sweetwater Capital and Viridian Investment Partners.

CIT Provides Financing to The Fragrance Outlet

CIT said it provided a senior secured credit facility to The Fragrance Outlet (TFO), a national retailer of perfumes and colognes.

CIT Arranges $194.5MM Financing for TruckPro

CIT Corporate Finance served as co-lead arranger in a $194.5 million senior secured credit facility to TruckPro to finance its acquisition of CCI Corporation.