trending Market Intelligence /marketintelligence/en/news-insights/trending/hdeux7jsowq1swzvwracvg2 content esgSubNav
In This List

CIT beginning public offering of senior notes

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


CIT beginning public offering of senior notes

CIT Group Inc. commenced a public offering of two series of senior unsecured notes due 2021 and 2025, respectively.

The company intends to use the proceeds to retire outstanding debt and for general corporate purposes.

CIT also commenced a public offering of subordinated notes due 2028. The proceeds from this offering will be used for general corporate purposes, including returning capital to CIT shareholders.