CIT Group (CIT) to Redeem $1.6B of Series C Unsecured Notes
CIT Group Inc. (NYSE: CIT) announced that it will redeem the entire balance of its 7% Series C Senior Unsecured Notes (“7% Notes”) maturing in 2015 totaling approximately $1.6 billion. Following this redemption, approximately $3.1 billion principal amount of the 7% Notes maturing in 2016 and approximately $4.1 billion principal amount of the 7% Notes maturing in 2017 will remain outstanding.
You May Also Be Interested In
- Biogen Idec (BIIB) Being Probed by Government Regarding Promotions
- Spectrum Pharmaceuticals, Inc. (SPPI) Reports Melphalan Met Primary Endpoints in Phase 2
- Crescent Point Energy (CPG) to Acquire CanEra Energy for $1.1B
Create E-mail Alert Related CategoriesCorporate News
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!