CIT Group closed a new $2 billion revolving credit facility with a bank syndicate.
The revolver is priced between Libor plus 200 basis points and Libor plus 275 basis points, based on CIT’s long-term senior unsecured rating. It has no Libor floor.
Access to a full range of industry content, analysis and expert commentary.
30-Day Free Trial
No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.
Have an account? Sign In