CIT Group Inc. on Friday amended the debt restructuring offer that began on Oct. 1 to include an acceleration of the repayment of new notes and the shortening of maturities by six months for all new notes and junior credit facilities. The company said the amended plan also increases the amount of equity offered to subordinated debt holders to reflect agreements with holders of the majority of its senior subordinated debt, and the plan now includes notes maturing after 2018 that were not previously solicited as part of the exchange offer. The exchange offers are set to expire on Oct. 29, except for the additional notes maturing after 2018, which have an early acceptance date of Oct. 29 and an expiration date of Nov. 13.

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