Credit Debt Repair

Posts Related to CIT Bonds Signal Bankruptcy Inevitable as Debt Exchange Expires (Bloomberg)

• CIT Bond, Swaps Prices Signal Concerns Debt Exchange May Fail (Bloomberg)

  Oct. 2 (Bloomberg) -- CIT Group Inc. bond and credit- default swap prices show that investors are speculating the 101- year-old commercial lender’s debt exchange ...

• CIT Debt Prices Signal Concerns Exchange May Fail (Update1) (Bloomberg)

  Oct. 2 (Bloomberg) -- CIT Group Inc. bond and credit- default swap prices show that investors are speculating the 101- year-old commercial lender’s offer to ...

• CIT Amends $29 Billion Debt Swap to Avoid Collapse (Update1) (Bloomberg)

  Oct. 17 (Bloomberg) -- CIT Group Inc. , the 101-year-old commercial lender seeking to avoid collapse, changed the terms of its $29 billion debt exchange ...

• CITs Bond Comeback Sets Stage for Debt Sale: Credit Markets

  April 14 (Bloomberg) -- CIT Group Inc. , the commercial lender run by John Thain that emerged from bankruptcy in December, is staging a bond ...

• CIT Group wraps debt purchase, dodges bankruptcy (AP via Yahoo! News)

  Commercial lender CIT Group Inc. said Monday its offer to repurchase outstanding debt at a discount — a crucial step to help stave off bankruptcy ...