CIT Group Borrows $7.3 Billion
In order to repay debt, CIT Group Inc. (NYSE: CIT) borrowed $7.3 billion through credit lines and is looking for new sources of funding. The stock price plunged $2.01 to close at $9.63.
In order to repay debt, CIT Group Inc. (NYSE: CIT) borrowed $7.3 billion through credit lines and is looking for new sources of funding. The stock price plunged $2.01 to close at $9.63.