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News Stories (34 Results) - CIT Northbridge Credit LLC

First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's.MacPherson's is the largest... Read Story
August 08, 2024, 07:20 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of... Read Story
July 17, 2024, 07:18 AM


First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $35 million revolving line of credit to Network Wireless Solutions, a provider of cable solutions and distributor... Read Story
June 19, 2024, 07:22 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $75 million revolving credit facility to Cisco Equipment Rentals, a Texas-based provider of equipment rentals, new and... Read Story
May 31, 2024, 07:25 AM


First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, has provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, WI.Winona Foods is a fully... Read Story
December 21, 2023, 07:08 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided $85 million in financing to CVB Inc.Founded in 2003, CVB is the parent company to a leading mattress, bedding and... Read Story
December 12, 2023, 07:20 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy's LLC.Headquartered in Oak Creek, WI... Read Story
December 06, 2023, 07:05 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11... Read Story
September 08, 2023, 07:00 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain... Read Story
May 23, 2023, 07:18 AM


First Citizens Bank announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a provider of manufacturing of ground support equipment, aftermarket replacement parts and services for... Read Story
May 19, 2023, 07:23 AM


CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $40 million revolving credit facility provided to Biery Cheese. The credit facility refinances Biery Cheese's... Read Story
October 05, 2022, 07:10 AM


CIT, a division of First Citizens Bank, announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, provided financing to Mohawk Fine Papers, the largest privately held premium paper manufacturer in North America. The financing will be... Read Story
September 23, 2022, 07:16 AM


CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $65 million revolving credit facility for Everlane, Inc., a leading retailer of sustainable apparel, accessories and footwear in the U.S. Founded in 2011 and based... Read Story
September 16, 2022, 07:18 AM


CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems Inc. Based in Traverse City... Read Story
April 22, 2022, 07:26 AM


CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance announced they have arranged up to $47 million in financing for a leading e-commerce seller of branded consumer products.The financing consists of a $30 million revolving... Read Story
March 30, 2022, 07:11 AM


CIT, a division of First Citizens Bank, announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $20 million senior lending facility for Davey Coach Holdings, a portfolio company of Progress Equity... Read Story
February 15, 2022, 07:15 AM


CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $50 million credit facility for Intermetal Rebar LLC. Headquartered in Miami, Florida, Intermetal Rebar is a leading importer and distributor of... Read Story
August 17, 2021, 07:05 AM


CIT Group Inc. announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions.Based in Youngstown, OH, Hynes... Read Story
June 11, 2021, 07:15 AM


CIT Group Inc. announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, has named Todd Ping as a Managing Director for business development activities across the southeastern United States.Based in Atlanta, GA, Ping will be... Read Story
May 27, 2021, 07:15 AM


CIT Group Inc. announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $23 million credit facility for Nova Compression, LLC (a successor company to MGC Equipment Company, LLC).Founded in December... Read Story
March 31, 2021, 07:20 AM


CIT Group Inc. announced CIT Northbridge Credit, as advised by CIT Asset Management LLC, has named Sandy Thomson as a Managing Director for Business Development Activities across the western United States.Thomson, based in Los Angeles, CA, will be... Read Story
March 26, 2021, 07:22 AM


CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for Marquis Construction Services LLC.Headquartered in Clute, TX... Read Story
June 18, 2020, 07:05 AM


CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Hantover Inc., a leading distributor of products to the food... Read Story
October 17, 2019, 07:07 AM


CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services... Read Story
July 31, 2019, 07:00 AM


CIT announced the appointment of Elijah Kaplan to lead CIT Northbridge Credit business development efforts across the Northeast.Based in New York, Kaplan is an experienced professional in middle market lending, private equity and restructuring. He... Read Story
May 21, 2019, 07:05 AM


CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $24 million senior secured credit facility for Pocono ProFoods, a foodservice distributor in the Northeast and... Read Story
February 14, 2019, 07:05 AM


CIT Group Inc. announced CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $53.8 million senior secured credit facility for Circle 8 Crane Services LLC.Based in Houston, Circle 8 Crane Services is a... Read Story
January 08, 2019, 07:19 AM


CIT Group Inc. announced CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $35 million senior secured credit facility for Imperial Crane Services Inc.For nearly half a century, Imperial Crane, based in... Read Story
August 03, 2018, 07:20 AM


CIT Group Inc. announced CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $20 million senior secured revolving and term loan credit facility for Greene’s Energy Group, LLC.Greene’s Energy Group, which has... Read Story
May 25, 2018, 07:20 AM


CIT Group Inc. announced its CIT Northbridge Credit joint venture served as sole lead arranger on a $30 million revolving credit facility for Alliance Time Holdings.With headquarters in Manhattan, Alliance Time Holdings is a highly data-driven global... Read Story
May 16, 2018, 07:20 AM


CIT Group Inc. announced CIT Northbridge Credit served as sole lead arranger on a three-year, $20 million senior secured revolving and term loan credit facility for Arkos Field Services LP, a leading provider of aftermarket services to the energy... Read Story
April 02, 2018, 06:55 AM


CIT Group announced that CIT Northbridge Credit served as sole lead arranger on a $25 million revolving line of credit facility provided to Midwest High Reach, one of the premier independent equipment rental companies in the Chicago area. Midwest... Read Story
February 16, 2018, 07:10 AM


CIT Bank, the banking subsidiary of CIT Group appointed Penny Fine as managing director to lead Business Development for CIT Northbridge Credit LLC (CIT Northbridge), effective immediately. In this role, Fine will be responsible for driving the... Read Story
August 29, 2017, 07:14 AM


CIT Bank, the banking subsidiary of CIT Group announced a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit LLC (CIT Northbridge), will provide revolving- and term-loan commitments from $15 million to $100 million to... Read Story
July 11, 2017, 07:20 AM