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CIT Group Inc (CIT.N)

CIT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CIT Leads $425 Million Senior Credit Facility For Adapthealth
Monday, 29 Apr 2019 

April 29 (Reuters) - CIT Group Inc ::CIT LEADS $425 MILLION SENIOR CREDIT FACILITY FOR ADAPTHEALTH.ITS HEALTHCARE FINANCE BUSINESS LED A $425 MILLION SENIOR CREDIT FACILITY ON BEHALF OF ADAPTHEALTH LLC.CIT GROUP- NEW FINANCING WILL BE USED TO SUPPORT ENTRY OF BLUEMOUNTAIN CAPITAL MANAGEMENT AS MINORITY INVESTOR AND TO REFINANCE EXISTING DEBT.  Full Article

CIT Provides Financing For Acquisition Of Fort Lauderdale Retail Center
Thursday, 18 Apr 2019 

April 18 (Reuters) - CIT Group Inc ::CIT PROVIDES FINANCING FOR ACQUISITION OF FORT LAUDERDALE RETAIL CENTER.CIT GROUP INC - REAL ESTATE FINANCE DIVISION HAS PROVIDED $28.6 MILLION IN ACQUISITION FINANCING.  Full Article

CIT Sets Quarterly Cash Dividend Of $0.35 Per Share, An Increase Of 40 Percent Over Prior Quarter's
Wednesday, 17 Apr 2019 

April 17 (Reuters) - CIT Group Inc ::CIT DECLARES INCREASED COMMON DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.35PER SHARE.CIT GROUP - QTRLY CASH DIVIDEND OF $0.35 PER SHARE ON ITS OUTSTANDING COMMON STOCK, WHICH REPRESENTS AN INCREASE OF 40 PERCENT OVER PRIOR QUARTER'S.QUARTERLY DIVIDEND OF $0.35 PER COMMON SHARE REPRESENTS AN INCREASE OF 40 PERCENT OVER PRIOR QUARTER'S $0.25 PER SHARE DIVIDEND.  Full Article

CIT Says Provided Financing For Acquisition And Renovation Of Multifamily Building
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - CIT Group Inc ::CIT PROVIDES FINANCING FOR MULTIFAMILY BUILDING ACQUISITION AND RENOVATION.CIT PROVIDES FINANCING FOR MULTIFAMILY BUILDING ACQUISITION AND RENOVATION.CIT GROUP -ITS REAL ESTATE FINANCE DIVISION PROVIDED $31 MILLION IN FINANCING TOWARD ACQUISITION AND RENOVATION OF MULTIFAMILY BUILDING IN MIAMI, FLORIDA.  Full Article

CIT Group Announces Q3 Earnings Per Share $1.13 From Continuing Operations
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - CIT Group Inc ::CIT ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $1.15 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $1.13 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $1.15.QTRLY AVERAGE LOANS AND LEASES WERE ESSENTIALLY UNCHANGED COMPARED TO PRIOR QUARTER AND UP 2% COMPARED TO YEAR-AGO QUARTER..CET RATIO OF 12.3% AT END OF QUARTER.  Full Article

Cit Announces Cash Tender Offer For Up To $500,000,000 Of Its Common Stock
Thursday, 26 Apr 2018 

April 26 (Reuters) - CIT Group Inc ::CIT ANNOUNCES CASH TENDER OFFER FOR UP TO $500,000,000 OF ITS COMMON STOCK.CIT GROUP INC - EXPECTS TO USE CASH AND CASH EQUIVALENTS TO FUND PURCHASES OF SHARES VALIDLY TENDERED AND ACCEPTED IN TENDER OFFER.CIT GROUP - OFFERING TO BUY STOCK FOR PURCHASE PRICE UP TO $500 MILLION AT SINGLE PER-SHARE PURCHASE PRICE NOT OVER $56.00, NOT BELOW $50.00 NET TO SELLER.CIT GROUP INC - OFFER WILL EXPIRE ON MAY 23, 2018, UNLESS EXTENDED OR EARLIER TERMINATED BY CIT.  Full Article

CIT Announces Intention To Commence A Cash Tender Offer For Up To $500 Mln Of Its Common Stock
Wednesday, 25 Apr 2018 

April 25 (Reuters) - CIT Group Inc ::CIT ANNOUNCES ITS INTENTION TO COMMENCE A CASH TENDER OFFER FOR UP TO $500,000,000 OF ITS COMMON STOCK.CIT GROUP - INTENDS TO COMMENCE MODIFIED "DUTCH AUCTION" CASH TENDER OFFER TO BUY UP TO $500 MILLION OF ITS COMMON STOCK, PAR VALUE $0.01PER SHARE.CIT GROUP - INTENDS TO COMMENCE CASH TENDER OFFER ON OR ABOUT APRIL 26, 2018.  Full Article

CIT Announces Redemption Of About $883 Mln Of Unsecured Debt
Saturday, 10 Mar 2018 

March 9 (Reuters) - CIT Group Inc ::CIT ANNOUNCES REDEMPTION OF APPROXIMATELY $883 MILLION OF ITS UNSECURED DEBT.CIT GROUP INC - INTENTION TO REDEEM ON APRIL 9, 2018 $500 MILLION OF OUTSTANDING 3.875% SENIOR UNSECURED NOTES DUE FEBRUARY 2019​.CIT GROUP INC - INTENTION TO REDEEM ON APRIL 9, 2018 ALL OF OUTSTANDING $383 MILLION 5.500% SENIOR UNSECURED NOTES DUE FEBR 2019​.  Full Article

CIT Group Announces Pricing Of Certain Notes
Wednesday, 7 Mar 2018 

March 6 (Reuters) - CIT Group Inc ::CIT ANNOUNCES PRICING OF $1 BILLION OF SENIOR UNSECURED NOTES AND $400 MILLION OF SUBORDINATED NOTES.CIT GROUP INC - PRICING OF PUBLIC OFFERING OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2021.CIT GROUP INC - PRICING OF PUBLIC OFFERING OF $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF SUBORDINATED NOTES DUE 2028.CIT GROUP INC - PRICES PUBLIC OFFERING ALSO OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2025.CIT GROUP INC - 2021 NOTES WILL BEAR INTEREST AT A PER ANNUM RATE OF 4.125%, 2025 NOTES WILL BEAR INTEREST AT A PER ANNUM RATE OF 5.250%.CIT GROUP INC - SUBORDINATED NOTES WILL BEAR INTEREST AT A PER ANNUM RATE OF 6.125%.  Full Article

CIT Announces Public Offerings Of Senior Unsecured Notes And Subordinated Notes
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Cit Group Inc ::CIT ANNOUNCES PUBLIC OFFERINGS OF SENIOR UNSECURED NOTES AND SUBORDINATED NOTES.CIT GROUP INC - COMMENCED A PUBLIC OFFERING OF TWO SERIES OF SECURITIES AND EXCHANGE COMMISSION REGISTERED SENIOR UNSECURED NOTES DUE 2021 AND 2025.CIT GROUP INC - ALSO COMMENCED A PUBLIC OFFERING OF SUBORDINATED NOTES DUE 2028.  Full Article