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1 Nov 2009, 5:08 am
The conditions for consummating the exchange offers were not met.Accordingly, CIT's Board of Directors approved the Company to proceed with the voluntary filings for CIT Group Inc. and CIT Group Funding Company of Delaware LLC with the U.S. [read post]
28 Oct 2009, 10:39 am
The CIT Group on Wednesday said that it had accepted a $4.5 billion loan from a group of investors that includes some of its biggest bondholders, shunning a similar offer by the financier Carl C. [read post]
16 Oct 2009, 8:47 pm
The CIT Group, the troubled lender, said late Friday it was sweetening the terms of its restructuring plan, in an attempt to persuade more of its bondholders to exchange their holdings and ease the company's burden. [read post]
7 Aug 2009, 9:48 am
The CIT Group, the highly troubled lender, said on Friday that it would suspend dividend payments for its preferred stock, and that it has satisfied the amended requirements for a debt exchange linked to $3 billion in rescue financing it received last month. [read post]
30 Oct 2009, 10:47 am
The CIT Group on Friday said it has settled its dispute with the financier Carl C. [read post]
11 Aug 2009, 5:13 am
CIT Group, the 101-year-old commercial lender trying to avoid collapse, said bondholders do not plan to push for a bankruptcy filing. [read post]
17 Mar 2010, 11:38 am
At the beginning of February, CIT Group, Inc. [read post]
23 Jul 2009, 5:05 am
Advisers to bondholders that rescued CIT Group with a $3 billion loan believe creditors should push the company into bankruptcy next month after a debt swap, a person familiar with the matter told Bloomberg News. [read post]
16 Mar 2012, 7:50 pm
CIT Group, Inc. [read post]
19 Jul 2009, 4:24 pm
The CIT Group, one of the nation's leading lenders to small and midsize businesses across the country, was close to a deal Sunday afternoon with some of its major bondholders to help it avert a bankruptcy filing through a $3 billion emergency loan, people briefed on the matter told Dealbook. [read post]
23 Jan 2008, 7:32 am
Here’s how the filing describes it: On January 15, 2008, CIT Group Inc. [read post]
24 Dec 2008, 1:05 pm
American Express and CIT Group, received approval to get $5.72 billion under the government’s financial bailout program on Tuesday, Reuters said. [read post]
13 Jul 2009, 7:35 am
Though it’s been awhile since we last footnoted CIT Group (CIT), given the news over the past few days, it seemed like a good idea to take a closer look at their filings. [read post]
3 Nov 2009, 5:02 pm
CIT funds some 1 million businesses. [read post]
8 Aug 2010, 9:59 pm
As the credit markets started to close for over a dozen companies, including Prudential Financial, CIT Group, and GMAC Inc., the firms began to get their funding for debt financing from retirees—reports Bloomberg in an August 2009 article. [read post]
24 Jan 2021, 11:20 am
Take a look at CIT Rule 24 for the details. [read post]
30 Apr 2010, 7:02 pm
Group? [read post]
2 Apr 2021, 1:34 am
In February 2007, Cassandra Celestine (Celestine) borrowed $448,000 from CIT Group/Consumer Financing (CIT Group); CIT Group secured its loan with a deed of trust in the property that was recorded on February 28, 2007 (CIT Deed of Trust). [read post]
30 Nov 2012, 11:44 am
CIT Group/Capital Fi (civil case) [uploaded: 11/30/2012] [read post]
14 Jul 2010, 8:37 am
CIT Group Inc., GMAC Inc., Prudential Financial Inc., and over a dozen other financial institutions sold their bonds to individual investors after being spurned by their sophisticated institutional counterparties, according to an article by Zeke Faux titled “CIT Debt Sold to Widows Has Fine Print Pimco Resists,” Bloomberg. [read post]
