TITLE

CIT Prepays $500M of Senior Loans

AUTHOR(S)
Colter, Allison Bisbey
PUB. DATE
July 2011
SOURCE
High Yield Report;7/18/2011, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the 500 million U.S. dollars prepaid by CIT Group for its 3 billion first-lien term loan in July 2011, which is part of the 10.5 billion U.S. dollars in first lien and second lien debt eliminated by the company since recovering from bankruptcy in 2009.
ACCESSION #
66187043

 

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