CIT Group announced it served as joint lead arranger in a $450 million facility for YRC Worldwide. The facility will be used to partially refinance YRC Worldwide’s capital structure.
RBS Citizens Business Capital announced the launch of its new Lender Finance Group and named Wells Fargo veteran Steven Katz to lead the group as SVP and sales leader.
The ABF Journal spends time with Christopher R. Carmosino, president of RBS Citizens Business Capital, to discuss the group’s expertise, recent expansion and the current state of the ABL marketplace.
RBS Citizens hired Greg Hanson, Sean Sheehan, Ryan Deegan and Sean McWhinnie to support its Business Capital Group. They will be based in Boston, Chicago and Stamford.