CIT GROUP INC. NEW 2028CIT GROUP INC. NEW 2028CIT GROUP INC. NEW 2028

CIT GROUP INC. NEW 2028

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Overview
Analysis

US125581GX0 analysis



Key facts


Issuer
CIT Group, Inc.
Issue date
Mar 9, 2018
Maturity date
Mar 9, 2028
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.13% (Fixed)
Yield to maturity
5.23%
CIT Group is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing, and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment, and rail leasing. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. CIT is headquartered in New York City.
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