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CIT Arranges $70 Million Secured Credit Facility for MPC Container Ships | Hellenic Shipping News Worldwide

CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on a $70 million senior secured credit facility for MPC Container Ships, a leading provider in the feeder container ship market segment. MPC Container Ships operates a fleet of 64 vessels. Financing through its secured credit facility can .

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CIT Provides $42 Million in Financing for Dry Bulk Fleet | Hellenic Shipping News Worldwide

CIT Provides $42 Million in Financing for Dry Bulk Fleet | Hellenic Shipping News Worldwide
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KKR and AV AirFinance Agree to Purchase CIT Aviation Lending Portfolio

/PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced.

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CIT Serves as Coordinating Lead Arranger for Approximately $200 Million Illinois Solar Financing

CIT Serves as Coordinating Lead Arranger for Approximately $200 Million Illinois Solar Financing News provided by Share this article Share this article NEW YORK, May 27, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, Illinois. The project sponsor is D. E. Shaw Renewable Investments (DESRI), a leading provider of cost-effective renewable energy across North America. DESRI is part of the D. E. Shaw Group, a global investment and technology development firm with more than $55 billion in investment capital.

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CIT Provides $35 7 Million Financing for Brooklyn Apartment Development

Share this article Share this article NEW YORK, May 13, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided $35.7 million in financing for the construction of a new 17-story multifamily development in the Clinton Hill section of Brooklyn. The building, which will house 138 mixed-income rental units, is located at 230 Classon Avenue, on the corner of Willoughby Avenue in Clinton Hill. The one- and two-bedroom units will all have balconies and 30% of the units will be offered as affordable income rentals. We are confident in New York City s resiliency and persistent need for new housing, said Tyler Wilkins, Partner of Quinlan Development Group. We appreciated CIT s deep knowledge of the New York real estate market and its expertise in arranging this financing.

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