Article: Fitch Lowers CIT's Sr Debt To 'BBB'; Rating Watch Revised To Evolving.

Article: Fed designates CIT Group as bank holding company
AP Worldstream;  December 22, 2008 ;     700+ words ... ... by Congress on Oct. 3. CIT Group had been seeking the change ... small business clients, CIT Group Chairman and Chief Executive ... value of our franchise. CIT Group had its credit rating cut ... credit rating was reduced to BBB+ from A-. The new rating ...

Article: S&P BULLETIN: SEC Approves IPO for CIT Group Inc.
PR Newswire;  June 14, 2002 ;     668 words ... ... PRNewswire/ -- Standard & Poor's ratings on CIT Group Inc. (BBB+/Watch Dev/A-2) and its subsidiaries remain ... that parent company Tyco International Ltd. (Tyco, BBB-/Watch Neg/A-3) received SEC approval to move ...

Article: CIT Finances Stock Buyback.(CIT Group ...
Investment Dealers' Digest;  August 22, 2005 ;     700+ words ...When CIT Group Inc, the commercial finance company, was spun-off from Tyco International ... adjustable-rate preferred perpetual securities-attracted a rating of Baa1/BBB+. The company paid 6.35% at par for the $350 million tranche of ...

Article: Out from Tyco's Shadow, CIT Group Holding Its ...
American Banker;  July 10, 2002 ;     700+ words ...CIT Group Inc. has been mostly well received on Wall Street since the troubled industrial ... But the day of the IPO both rating agencies upgraded CIT -- Fitch to A from BBB, S&P to A/A-1 from B-plus/A-2. Both saw a "stable" outlook ...

Article: CIT SHARES FALL ON FIRST DAY.(CIT Group)(Brief ...
WWD;  July 3, 2002 ;     700+ words ...NEW YORK -- Both Tyco International Ltd. and CIT Group exhaled in relief late Monday when the former successfully ... stable outlook. Senior unsecured was upgraded to "A" from "BBB." Tyco needed to unload CIT to reduce its $27 billion debt ...

Article: The CIT Group announces consolidation of factoring ...
PR Newswire;  May 1, 1989 ;     700+ words ...THE CIT GROUP ANNOUNCES CONSOLIDATION OF FACTORING UNITS NEW YORK, May 1 /PRNewswire/ -- The CIT Group, a wholly owned subsidiary of Manufacturers ... a single entity, to be known as The CIT Group/Factoring. "The restructuring of ...

Article: THE CIT GROUP/VENTURE CAPITAL LICENSED BY U.S. ...
PR Newswire;  July 29, 1992 ;     700+ words ...THE CIT GROUP/VENTURE CAPITAL LICENSED BY U.S ... A newly formed organization, The CIT Group/Venture Capital, Inc., has been ... president and chief executive officer of The CIT Group, Inc. "The CIT Group/Venture Capital ...