NEW YORK -- CIT Group Inc. said in a regulatory filing today that it might have to file for bankruptcy protection if not enough bondholders participate in a recently launched debt exchange. The ...
Commercial lender CIT Group Inc. said Monday its offer to repurchase outstanding debt at a discount — a crucial step to help stave off bankruptcy — was successful. Subscribe to read this story ad-free ...
WASHINGTON -- With bondholders coming to the rescue of troubled commercial lender CIT Group Inc., and not the government, a new reality is setting in for investors. With federal bailouts drying up and ...
Commercial lender CIT Group Inc., which is trying to avoid filing for bankruptcy protection, said Friday that it has received the remaining $1 billion available under a $3 billion credit agreement and ...
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