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Prospect News home > News index > List of issuers C > Headlines for CIT Group Inc. > News item
Published on 12/23/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CIT Group to fully redeem $500 million 4 1/8% notes due 2021 at par

By Taylor Fox

New York, Dec. 23 – CIT Group Inc. plans to fully redeem its $500 million outstanding 4 1/8% senior notes due March 2021 on Feb. 9, at par, according to an 8-K filing with the Securities and Exchange Commission.

The New York-based bank holding company plans to use the proceeds for general corporate purposes.


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