CIT Group Inc. announced Philip Robbins has joined the company as the President of Asset Management and Capital Markets. In this role, he will manage the capital markets portfolio of products, the syndicated loan group and CIT's asset management...
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August 21, 2019, 07:30 AM
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The current state of the capital markets is unclear, with pockets of liquidity and uncertainty with regards to what deals can get done. Nonetheless, the Federal Reserve’s interest rate increase has not had a dramatic effect, and demand for...
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May 13, 2016, 07:06 AM
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Capital markets activity continues to accelerate, as the likelihood of rising interest rates looms in the near future, which means now is the ideal time for borrowers to explore interest rate hedges. These insights and others are shared by Neil...
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November 13, 2014, 07:00 AM
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CIT Group announced that it served as Joint Lead Arranger and Administrative Agent in a $325 million senior secured credit facility to LCI Helicopters (LCIH), the helicopter leasing subsidiary of Lease Corporation International. The facility will be...
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October 02, 2014, 05:00 AM
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The Great Recession caused a shift in the way middle market companies think about funding. In CIT’s “U.S. Capital Markets Outlook,” Neil Wessan, Managing Director and Group Head of CIT Capital Markets, explains why finding the cheapest cost of funds...
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September 13, 2012, 07:15 AM
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CIT Group, Inc. announced that it arranged two senior secured credit facilities totaling $41.6 million to the Downstream Development Authority, a subsidiary of the Quapaw Tribe of Oklahoma. The financings will support the development of a new...
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June 12, 2012, 06:30 AM
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CIT Group Inc. announced the appointment of Neil Wessan as Managing Director and Group Head of CIT Capital Markets, effective immediately. He will report directly to CIT Corporate Finance Co-Heads Pete Connolly and Jim Hudak. Mssrs. Connolly and...
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May 24, 2012, 07:30 AM
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