WebCIT Bank is a division of First-Citizens Bank & Trust Company. More information. Allow All Manage Consent Preferences. Performance Cookies. Performance Cookies. These … WebJun 11, 2024 · "This transaction allows CIT to rebalance our portfolio mix and reinvest in core businesses." Dan Pietrzak, Partner and Co-head of Private Credit at KKR, …
CIT Serves as Sole Lender on $35MM Financing for Icelandair
WebJan 19, 2024 · CIT Group Inc. announced that its Commercial Finance unit served as sole lead arranger for a $422 million senior secured loan financing to White Oak Commercial Aviation, LP, an affiliated entity of White Oak Global Advisors, LLC (White Oak) that is wholly owned by its institutional investors. This financing will support White Oak's … WebJun 14, 2024 · CIT Group Inc. CIT is selling its $800-million aviation loan portfolio to KKR & Co. Inc. KKR, as it moves ahead with fully exiting its aircraft lending business.The … mini 2.0 cooper s sport
CIT Group - Wikipedia
WebJun 11, 2024 · "This transaction allows CIT to rebalance our portfolio mix and reinvest in core businesses." Dan Pietrzak, Partner and Co-head of Private Credit at KKR, commented: "The purchase of this loan portfolio from CIT will be used to seed the launch of our aviation lending business in partnership with AV AirFinance. WebJun 14, 2024 · KKR launched AV AirFinance Limited, a global commercial aviation loan servicer established by a team of industry professionals together with KKR. To support the launch, KKR and AV AirFinance agreed to purchase a nearly $800 million portfolio of aviation loans from CIT. WebJan 18, 2024 · JAN 18, 2024 - 12:34 pm. White Oak Global Advisors completed a $550 million transaction with GE Capital Aviation Services to buy and immediately lease back 20 wide body aircraft engines. CIT served as financing partner in the transaction. To facilitate this transaction, and to strengthen and grow White Oak’s financing capabilities for ... most comfortable work socks for men