CIT Sells $3.25 Billion in Biggest Bond Sale Since Bankruptcy - Busi...

02/03/12

CIT Sells $3.25 Billion in Biggest Bond Sale Since Bankruptcy
BusinessWeek
2 (Bloomberg) -- CIT Group Inc. sold $3.25 billion of debt in its second and biggest bond sale since emerging from bankruptcy in December 2009 as the small-business lender led by John Thain pays back “high-cost debt” this quarter.

and more »

[more]