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TheLondoner · 30-07-2009, 15:30

sempre su Cit:

CIT Seals $3 Billion Credit Deal with Barclays
Published: Thursday, 30 Jul 2009 | 8:14 AM ET Text Size By: CNBC.com
CIT entered into a credit guaranty agreement for up to $3 billion with Barclays Bank, a company filing showed Thursday.
The amended and restated credit facility provides for an additional $1 billion in incremental borrowings, CIT [CIT 0.78 --- UNCH (0) ] said.
It said that under the facility it had received commitments from lenders for $2 billion by Wednesday.
The facility has a two-and-a-half year maturity and bears an interest rate of 10 percent above LIBOR, with a floor of 3 percent for LIBOR, which is to be paid monthly.

30-07-2009, 15:30	#100 (permalink)
TheLondoner Si Vis Pacem Para Bellum Data registrazione: Dec 2008 Messaggi: 675	sempre su Cit: CIT Seals $3 Billion Credit Deal with Barclays Published: Thursday, 30 Jul 2009 \| 8:14 AM ET Text Size By: CNBC.com CIT entered into a credit guaranty agreement for up to $3 billion with Barclays Bank, a company filing showed Thursday. The amended and restated credit facility provides for an additional $1 billion in incremental borrowings, CIT [CIT 0.78 --- UNCH (0) ] said. It said that under the facility it had received commitments from lenders for $2 billion by Wednesday. The facility has a two-and-a-half year maturity and bears an interest rate of 10 percent above LIBOR, with a floor of 3 percent for LIBOR, which is to be paid monthly.