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CIT Announces Pricing of $3 Billion of Senior Unsecured Notes

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Dateline City: 
NEW YORK

NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies, today announced the pricing of a registered public offering of $1.75 billion aggregate principal amount of senior unsecured notes due 2017 (the “2017 Notes”) and $1.25 billion aggregate principal amount of senior unsecured notes due 2022 (the “2022 Notes,” together with the 2017 Notes, the “Notes”). The 2017 Notes priced at par and will bear interest at a rate of 4.25%.

Language: 
English
Contact: 

CIT MEDIA RELATIONS:
C. Curtis Ritter, 973-740-5390
Director of Corporate Communications
Curt.Ritter@cit.com
or
Matt Klein, 973-597-2020
Vice President, Media Relations
Matt.Klein@cit.com
or
CIT INVESTOR RELATIONS:
Ken Brause, 212-771-9650
Executive Vice President
Ken.Brause@cit.com

Ticker Slug: 
Ticker:
CIT
Exchange:
NYSE
ISIN:
US1255811085

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