CIT Group serves as joint lead arranger in $370M financing for the Weinstein Co CIT Group announced that CIT Corporate Finance served as Joint Lead Arranger in a $370M senior secured credit facility for independent film studio The Weinstein Co. The financing will be used to refinance an existing facility and provide working capital to pay for the production, acquisition and distribution of future films. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.
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