CIT Group Inc (DEL) (CIT) Social Stream
Warning: This security is no longer trading. In January 2022, First Citizens confirmed the completion of its merger with CIT Group, which was first announced in October 2020.
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$CIT New Press Release:WebChronicleToday, published August 16, 2021
CIT Northbridge Serves as Sole Lead Arranger on $50 Million Credit Facility for Intermetal Rebar LLC
CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $50 million credit facility for Intermetal Rebar LLC. Headquartered in Miami, Florida, Intermetal Rebar is a leading importer and distributor of reinforcing bar ("rebar") and other structural products to distributors, fabricators, and contractors in the non-residential construction industry. "We are seeing increased demand for our products as the econo (...)