CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc.Founded in 1997 and headquartered in Sugar...
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December 06, 2022, 07:03 AM
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CIT, a division of First Citizens Bank,vannounced that its Power and Energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. Avantus (formerly 8minute) is the developer of...
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November 04, 2022, 07:21 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in Texas, Georgia, Washington and...
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October 19, 2022, 07:00 AM
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CIT, a division of First Citizens Bank, announced that the Specialty Finance unit of its Asset-Based Lending business provided $100 million in financing to Stonegate Capital, a middle-market asset-based lender primarily focused on the consumer...
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September 12, 2022, 07:08 AM
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First Citizens Bank announced the official launch of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across the Southeastern U.S. Headquartered in Charlotte, First Citizens Middle Market Banking is now...
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September 07, 2022, 07:20 AM
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CIT, a division of First Citizens Bank, named Randy Lederman as a managing director for business development activities across the Northeast for CIT Northbridge Credit LLC, a joint venture advised by CIT Asset Management LLC. Based in New York...
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July 27, 2022, 07:10 AM
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CIT, a division of First Citizens Bank, announced Tony Cheng will now be serving as Vice President, Client Service Officer in its Commercial Services business. Cheng is based in Los Angeles and will be the primary contact for several clients in the...
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July 25, 2022, 07:03 AM
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CIT, a division of First Citizens Bank, announced its Power and Energy business arranged $88 million in financing for a 173-megawatt stand-alone merchant battery storage facility in Texas.The borrower, Wolf Tank Storage, is an affiliate of Aypa Power...
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July 21, 2022, 07:10 AM
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CIT, a division of First Citizens Bank, announced its Maritime Finance business provided $80 million to refinance two Korean-built container ships operated by Seamax."As the container ship market remains strong and our charter exposure solid, we...
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July 13, 2022, 07:18 AM
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CIT, a division of First Citizens Bank, announced its Maritime Finance business has increased its financing of Crowley, a global shipping and logistics company, to a total of $57 million as part of a larger credit facility. This financing applies to...
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June 09, 2022, 07:15 AM
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CIT, a division of First Citizens Bank, has appointed Cheryle Arevalo to the position of Account Executive for the Western Region of CIT’s Commercial Services business. Arevalo will be based in Los Angeles, CA and will manage the relationships and...
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May 31, 2022, 07:15 AM
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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...
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April 22, 2022, 07:26 AM
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