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News Breaks
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January 19, 2012
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| 08:40 EDT |  | CIT |
| theflyonthewall.com: | CIT Group redeeming an additional $500M of high cost debt | | CIT Group announced that it will redeem an additional $500M of 7% Series A Second Lien Notes maturing in 2016 with cash on hand. Following this redemption, approximately $1B principal amount of the Notes maturing in 2016 and approximately $2.9B principal amount of the Notes maturing in 2017 will remain outstanding. Including the Series A redemption announced today, CIT will have eliminated or refinanced approximately $18B of first lien and second lien debt since the beginning of 2010, the company said. :theflyonthewall.com |
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May 14, 2012
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| 07:37 EDT |  | CIT |
| theflyonthewall.com: | American Financial Services Association to host a conference | | 22nd AFSA Finance Industry Conference for Fixed Income Investors is being held in Boston on May 14-16. :theflyonthewall.com |
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