Firm News

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

Cahill Represents the Underwriters in Notes and Preferred Stock Offerings for CIT Group Inc.

Date: 11/13/19

Cahill represented the underwriters in connection with public offerings by CIT Group Inc. of $100,000,000 aggregate principal amount of 4.125% Fixed-to-Fixed Rate Subordinated Notes due 2029 and $200,000,000 aggregate liquidation preference of 5.625% Non-Cumulative Perpetual Preferred Stock. Proceeds from the offerings are to be used to finance, in part, the acquisition of Mutual of Omaha Bank and for general corporate purposes.

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