CIT Current Headlines http://www.businesswire.com/portal/site/cit/ Business Wire - The global leader in news distribution en Copyright 2012, Business Wire. WebSupport@BusinessWire.com (Web Support) WebSupport@BusinessWire.com (Web Support) Fri, 27 Jan 2012 20:27:13 UT Fri, 27 Jan 2012 20:27:13 UT http://www.businesswire.com Business Wire http://www.businesswire.com Business Wire - The global leader in news distribution http://www.businesswire.com/images/bwlogo_small.gif?WT.ad=cnc-cit-current-news-rss 100 36 U.S. Energy Executives Believe Energy Independence is Achievable within 15 Years – Overwhelming Majority Support Fracking Wed, 25 Jan 2012 13:30:00 UT NEW YORK--(BUSINESS WIRE)--An overwhelming majority (70%) of executives at middle market energy companies see the potential for U.S. energy independence within 15 years, yet they expressed concern that the regulatory environment, along with trouble in the financial world and opposition to fracking, could dash that promise. These are some of the findings detailed in the research study, “2012 U.S. Energy Sector Outlook” (cit.com/energyoutlook), released by CIT Group Inc. (NYSE: CIT) cit.com, a lea http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20120125005314&newsLang=en 20120125005314en CIT To Reduce High Cost Debt by an Additional $500 Million Thu, 19 Jan 2012 13:30:00 UT NEW YORK--(BUSINESS WIRE)--CIT today announced that it will redeem an additional $500 million of 7% Series A Second Lien Notes (Notes) maturing in 2016 with cash on hand. http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20120119005334&newsLang=en 20120119005334en 2012 U.S. Energy Sector Overview Featured on CIT’s Executive Spotlight Series Wed, 11 Jan 2012 13:30:00 UT NEW YORK--(BUSINESS WIRE)--The discovery of shale gas, new drilling technologies, and hydraulic fracturing (fracking) are dramatically transforming the U.S. energy sector, says Mike Lorusso, Group Head of CIT Energy at CIT Group Inc. (NYSE: CIT). CIT Group (cit.com) is a leading provider of financing to small businesses and middle market companies. Lorusso discusses the key drivers for clean technology, U.S. energy independence, and private equity investment in the energy sector, as well as the http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20120111005125&newsLang=en 20120111005125en CIT Bank Announces New Two-Year Achiever CD with 1.26% APY Tue, 10 Jan 2012 13:30:00 UT NEW YORK & SALT LAKE CITY--(BUSINESS WIRE)--CIT Bank today announced the launch of a new Two-Year Achiever CD (certificate of deposit) offering consumers an APY (annual percentage yield) of 1.26%. http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20120110005706&newsLang=en 20120110005706en CIT to Announce Fourth Quarter and Year-End 2011 Financial Results on Tuesday, January 31st Mon, 9 Jan 2012 13:30:00 UT NEW YORK--(BUSINESS WIRE)--CIT will issue its financial results for the quarter and year-ending December 31, 2011 on January 31, 2012 and will hold a conference call and audio webcast to discuss the results at 8:00 AM. cit.com http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20120109006069&newsLang=en 20120109006069en CIT to Redeem an Additional $2 Billion of Series A Notes Thu, 22 Dec 2011 22:00:00 UT NEW YORK--(BUSINESS WIRE)--CIT today announced that it will redeem an additional $2 billion of 7% Series A Second Lien Notes. http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20111222005055&newsLang=en 20111222005055en CIT Appoints Richard Green President of CIT Europe Tue, 13 Dec 2011 13:30:00 UT NEW YORK & DUBLIN & LONDON--(BUSINESS WIRE)--CIT announced the appointment of Rich Green as President of CIT Europe. In this new role he will be responsible for overseeing the European operations of CIT Corporate Finance and CIT Vendor Finance. http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20111213005249&newsLang=en 20111213005249en CIT Serves as Lead Arranger in American Internet Services Financing Mon, 12 Dec 2011 13:30:00 UT NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies, announced that it has provided a $46.5 million senior secured credit facility to American Internet Services (AIS), a leading provider of enterprise-class data center and connectivity services in the Western United States. CIT Communications, Media & Entertainment served as Sole Lead Arranger of the financing, which AIS will use to support the Company http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20111212005204&newsLang=en 20111212005204en CIT Provides Acquisition Financing to TA Associates Thu, 8 Dec 2011 13:30:00 UT NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies, announced that it was one of the providers of a senior secured credit facility to TA Associates, a leading middle market private equity firm, to facilitate its acquisition of CoSentry, an Omaha-based provider of outsourced IT infrastructure services. CIT Communications, Media & Entertainment served as Documentation Agent for the transaction. Financin http://news.cit.com/portal/site/cit/index.jsp?ndmViewId=news_view&ndmConfigId=1007742&newsId=20111208005357&newsLang=en 20111208005357en