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

CIT GROUP INC. NEW 2028

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Analysis

Key terms


Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.13% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.34%
Maturity date
Mar 9, 2028
Term to maturity
3 years

About CIT GROUP INC. NEW 2028


Issuer
CIT Group, Inc.
Sector
Finance
Industry
Major Banks
Home page
Issue date
Mar 9, 2018
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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