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News Stories (19 Results) - First Citizens

First Citizens Bank announced its Middle Market Banking business has named Matthew Tollenaer as a Managing Director and Market Leader dedicated to originating and cultivating business in Atlanta and the surrounding region.Tollenaer will be... Read Story
November 14, 2023, 07:19 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11... Read Story
September 08, 2023, 07:00 AM


First Citizens Bank announced its Maritime Finance business arranged up to $30 million for affiliates of MSea Capital to refinance MR product tankers.MSea Capital, founded in 2012, is an international maritime investment and asset manager with... Read Story
July 12, 2023, 07:15 AM


First Citizens Bank announced it has named noted commercial banking executive Jim Hudak as President of its CIT Commercial Finance group, a division of First Citizens Bank.With more than 20 years as a commercial finance executive, Hudak is known... Read Story
June 06, 2023, 07:25 AM


First Citizens Bank announced James Ligman has joined the company as a Managing Director in its Middle Market Banking business to lead expansion efforts in the Orange County and Inland Empire regions in California.In this role, Ligman will be... Read Story
October 14, 2022, 07:17 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business has provided $110 million in senior secured credit facilities to Quipt Home Medical Corp. Headquartered in Cincinnati, OH, Quipt is a leader in the home medical... Read Story
September 20, 2022, 07:10 AM


CIT, a division of First Citizens Bank, announced its Maritime Finance business has increased its financing for Globus Maritime Limited by $18 million. The lending increase expands CIT's relationship with Globus Maritime and raises CIT's total... Read Story
August 26, 2022, 07:15 AM


CIT, a division of First Citizens Bank, announced its Power and Energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California.The proceeds were used to refinance a... Read Story
May 12, 2022, 07:20 AM


First Citizens Bank announced that its Middle Market Banking business provided a $60 million loan to Bahakel Communications to refinance existing debt and help finance future growth opportunities. Bahakel Communications is a family owned-and-operated... Read Story
May 11, 2022, 07:10 AM


CIT, a division of First Citizens Bank, announced its Real Estate Finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center, an... Read Story
March 04, 2022, 07:05 AM


CIT, a division of First Citizens Bank, announced its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.The borrower, Arches Solar LLC, a subsidiary of CleanCapital, owns... Read Story
February 18, 2022, 07:18 AM


CIT, a division of First Citizens Bank, announced its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, FL, and Alexandria, LA.In Naples, FL, CIT... Read Story
February 17, 2022, 07:00 AM


CIT, a division of First Citizens Bank, announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $20 million senior lending facility for Davey Coach Holdings, a portfolio company of Progress Equity... Read Story
February 15, 2022, 07:15 AM


CIT, a division of First Citizens Bank, announced its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.The helicopters, used for emergency medical transport services, are on long-term... Read Story
January 13, 2022, 07:19 AM


First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from... Read Story
December 20, 2021, 07:18 AM


First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the two companies have agreed to extend the merger agreement from Oct. 15 to March... Read Story
October 01, 2021, 07:23 AM


First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the proposal to merge the two companies has received regulatory approval from the... Read Story
July 15, 2021, 07:20 AM


First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced that, at their respective special meetings of stockholders, First Citizens and CIT... Read Story
February 10, 2021, 07:20 AM


First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced they have entered into a definitive agreement under which the companies will... Read Story
October 16, 2020, 07:10 AM