CIT Snags M&A Talent from Jefferies
- CIT Taps Middle Market M&A Pro. Catton, Grant // Mergers & Acquisitions Report;5/29/2006, Vol. 19 Issue 21, p4
Reports on the appointment of Randal Stephenson as managing director and head of middle market merger and acquisition at CIT Group Inc. Career background; His views on his appointment; Perception on middle market private equity firms.
- Peek's Peak: Street Vet Realizes Dreams. // Investment Dealers' Digest;7/28/2003, Vol. 69 Issue 30, p4
Presents information related to appointments and selections of executives in various financial institutions of the U.S. as of July 28, 2003. Announcement made by the commercial finance firm CIT Group Inc. regarding the appointment of Wall Street veteran Jeffrey Peek; Members of the high profile...
- CIT Cuts 1st-Lien Borrowing Costs With a Refinancing. // Investment Dealers' Digest;8/13/2010, Vol. 76 Issue 30, p4
The article reports that the speciality finance company CIT Group Inc., which underwent corporate prepackaged bankruptcy in 2009, has refinanced 3 billion dollars and prepaid 1 billion dollar of its first-lien debt.
- CIT Group opens home equity offices. // American Banker;3/3/1994, Vol. 159 Issue 42, p11
Reports on CIT Group Inc.'s opening of offices that specialize in home equity loans. Number of offices; Specialization in fixed-rate, fixed-term equity loans.
- To consumer-loan-wary Wall St., CIT is AOK. Kleege, Stephen // American Banker;12/19/1995, Vol. 160 Issue 243, p22
Reports on the consumer strategy of CIT Group. Amount in consumer receivables; Rise in consumer delinquencies; Exposure to consumer debt.
- Off year in manufactured housing? Timmons, Heather // American Banker;4/8/1996, Vol. 161 Issue 66, p20
Reports from CIT Group on the slight decline of manufactured-housing shipments in 1996 before increasing again in 1997 and 1998, in the United States. Details on the expected decline in house shipment; Information on the expected rise in the shipment of prefabricated houses; Information on...
- CIT home equity pool uses low-cost structure. Timmons, Heather // American Banker;7/28/1997, Vol. 162 Issue 143, p8
Reports on CIT Group Holdings Inc.'s securitization of its first pool of home equity loans using a low-cost structure. Customers' positive response; Firm's reasons for its choice of a senior-subordinated structure.
- Free at Last and Playing Catch-Up. Goldstein, Scott // njbiz;7/29/2002, Vol. 15 Issue 31, p20
Focuses on the company separation of the CIT Group from its parent company Tyco International, as of July 2002. Reasons behind the separation; Background on the CIT Group, a middle-market finance company; Details on CIT earnings; Outlook for the company.
- CIT to Redeem All Remaining High-Cost Series C Debt. // Secured Lender;Oct2012, Vol. 68 Issue 9, p12
The article highlights the announcement of CIT Group Inc. that it will redeem the remaining 681 million dollars of its 7% Series C Senior Unsecured Notes maturing in 2016 as part of its efforts to eliminate 31 billion dollars of debt to reduce cost of capital and strengthen earnings potential.