First Citizens Bank announced its Energy Finance business served as coordinating lead arranger on $133 million of financing for the new Cranberry Point Energy Storage project planned for Carver, MA.Cranberry Point is a 150 MW / 300 MWh battery energy...
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June 14, 2024, 07:05 AM
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First Citizens Bank announced its CIT Commercial Services subsidiary has named Jason Goldberg as a regional sales manager dedicated to increasing new business in the Northeast.Goldberg will be responsible for managing a team of business development...
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May 09, 2024, 07:18 AM
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First Citizens Bank announced its Middle Market Banking business has named Matthew Tollenaer as a Managing Director and Market Leader dedicated to originating and cultivating business in Atlanta and the surrounding region.Tollenaer will be...
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November 14, 2023, 07:19 AM
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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...
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September 08, 2023, 07:00 AM
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First Citizens Bank announced its Maritime Finance business arranged up to $30 million for affiliates of MSea Capital to refinance MR product tankers.MSea Capital, founded in 2012, is an international maritime investment and asset manager with...
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July 12, 2023, 07:15 AM
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First Citizens Bank announced it has named noted commercial banking executive Jim Hudak as President of its CIT Commercial Finance group, a division of First Citizens Bank.With more than 20 years as a commercial finance executive, Hudak is known...
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June 06, 2023, 07:25 AM
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First Citizens Bank announced James Ligman has joined the company as a Managing Director in its Middle Market Banking business to lead expansion efforts in the Orange County and Inland Empire regions in California.In this role, Ligman will be...
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October 14, 2022, 07:17 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business has provided $110 million in senior secured credit facilities to Quipt Home Medical Corp. Headquartered in Cincinnati, OH, Quipt is a leader in the home medical...
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September 20, 2022, 07:10 AM
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CIT, a division of First Citizens Bank, announced its Maritime Finance business has increased its financing for Globus Maritime Limited by $18 million. The lending increase expands CIT's relationship with Globus Maritime and raises CIT's total...
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August 26, 2022, 07:15 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California.The proceeds were used to refinance a...
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May 12, 2022, 07:20 AM
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First Citizens Bank announced that its Middle Market Banking business provided a $60 million loan to Bahakel Communications to refinance existing debt and help finance future growth opportunities. Bahakel Communications is a family owned-and-operated...
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May 11, 2022, 07:10 AM
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CIT, a division of First Citizens Bank, announced its Real Estate Finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center, an...
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March 04, 2022, 07:05 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.The borrower, Arches Solar LLC, a subsidiary of CleanCapital, owns...
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February 18, 2022, 07:18 AM
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CIT, a division of First Citizens Bank, announced its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, FL, and Alexandria, LA.In Naples, FL, CIT...
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February 17, 2022, 07:00 AM
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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...
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February 15, 2022, 07:15 AM
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CIT, a division of First Citizens Bank, announced its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.The helicopters, used for emergency medical transport services, are on long-term...
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January 13, 2022, 07:19 AM
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First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from...
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December 20, 2021, 07:18 AM
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First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the two companies have agreed to extend the merger agreement from Oct. 15 to March...
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October 01, 2021, 07:23 AM
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First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the proposal to merge the two companies has received regulatory approval from the...
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July 15, 2021, 07:20 AM
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First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced that, at their respective special meetings of stockholders, First Citizens and CIT...
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February 10, 2021, 07:20 AM
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First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced they have entered into a definitive agreement under which the companies will...
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October 16, 2020, 07:10 AM
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