CIT GROUP INC. (NYSE:CIT) Files An 8-K Other Events
Item8.01. Other Events.
On December 22, 2016, CIT Group Inc. announced the early deadline
results as of 5:00 p.m., New York City time, on December 21,
2016, of its previously announced offer to certain eligible
noteholders to exchange any and all of its outstanding 5.000%
Senior Unsecured Notes due May 2017 for its newly issued 5.000%
Senior Unsecured Notes due May 2018, to the terms and conditions
set forth in the offering memorandum, dated December 8, 2016, and
the related letter of transmittal.
A copy of the press release is attached hereto as Exhibit 99.1
and is incorporated into this Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | Press release dated December 22, 2016. |
About CIT GROUP INC. (NYSE:CIT)
CIT Group Inc. (CIT) is a bank holding company. The Company, together with its subsidiaries, provides financing, leasing and advisory services to middle market companies in a range of industries in North America, and equipment financing and leasing solutions to the transportation industry around the world. The Company’s segments include North America Banking (NAB), including Commercial Real Estate, Commercial Banking and Consumer Banking divisions; Transportation & International Finance (TIF), including Aerospace, Rail, Maritime Finance and International Finance divisions, and Legacy Consumer Mortgages (LCM), which includes single-family residential mortgage (SFR) loans and reverse mortgage loans. CIT products and services include account receivables collection; equipment leases; acquisition and expansion financing; factoring services; financial risk management; asset management and servicing; asset-based loans; insurance services; credit protection; debt restructuring, and deposits. CIT GROUP INC. (NYSE:CIT) Recent Trading Information
CIT GROUP INC. (NYSE:CIT) closed its last trading session up +0.03 at 43.82 with 769,869 shares trading hands.
