Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

CIT Group Completes $2 Billion Refinancing

Date: 03/30/11

Cahill represented BofA Merrill Lynch and the other initial purchasers in connection with the $2,000,000,000 Rule 144A offering by CIT Group Inc., comprised of $1,300,000,000 5.25% Series C Second-Priority Secured Notes due 2014 and $700,000,000 6.625% Series C Second-Priority Secured Notes due 2018. The proceeds will be used refinance existing indebtedness.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com