CIT to provide $1bn to trade finance unit | Finance Chronicle

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31 Jul

CIT to provide $1bn to trade finance unit

Posted in Financial Aid, Financial Services, Renting & Real Estate, Small Business No Comments

NEW YORK, July 31 – Lender CIT Group , which recently obtained a $3bn loan from its bondholders, said on Friday it will give $1bn of that money to its trade finance unit.

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CIT to provide $1bn to trade finance unit

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