trending Market Intelligence /marketintelligence/en/news-insights/trending/n86l_iaoiszvcsgvx0id6w2 content esgSubNav
In This List

CIT prices notes offering

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


CIT prices notes offering

CIT Group Inc. priced a public offering of $500 million of senior unsecured notes due 2024.

The notes will bear interest at a per annum rate of 4.750%.

CIT expects the offering to close on or about Aug. 17. The company plans to use the proceeds from the offering to retire outstanding indebtedness.

Barclays Capital Inc. and Keefe Bruyette & Woods are acting as joint book-running managers for the offering.