CIT Group Inc. said today it has emerged from Chapter 11 bankruptcy.
The small business lender said it has satisfied the conditions of its reorganization plan. The distribution of CIT's new debt and equity securities has taken place in accordance with the company's plan and the new common stock has commenced trading on the New York Stock Exchange.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
