Tag : First Citizens Bank

First Citizens Bank Provides $31.2 Million for Acquisition of Cancer Treatment Center in Columbia, South Carolina
Finance News

First Citizens Bank Provides $31.2 Million for Acquisition of Cancer Treatment Center in Columbia, South Carolina

Fintech News Desk
by Fintech News Desk0
First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $31.2 million to Montecito Medical Real Estate to finance the acquisition of a cancer treatment center in Columbia, South Carolina. The treatment center is leased to South Carolina Oncology Associates (SCOA), the Columbia region’s leader in oncology services and the largest private......
CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy
Finance News

CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC , a leading developer of distributed community energy projects in the New York City metro region. NineDot Energy, a portfolio company of the global......
CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina
Finance News

CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina. Onward Energy Inc. is acquiring the five-unit, 860-megawatt simple-cycle peaking power plant, which is fully contracted......
First Citizens Bank Completes Operational Conversion of CIT Bank Division Branches
Banking News

First Citizens Bank Completes Operational Conversion of CIT Bank Division Branches

Fintech News Desk
by Fintech News Desk0
First Citizens Bank announced that its CIT Bank division has completed conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens products and services. “This is our second large bank branch conversion this year related to the CIT merger,......
CIT Increases Financing for FOX Rehabilitation by $50 Million
Banking Finance News

CIT Increases Financing for FOX Rehabilitation by $50 Million

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. “Latest Fintech News: PalmPay Hits 10 Million User Milestone in Nigeria The original financing was developed in connection with FOX’s acquisition by Blue Wolf Capital......
CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office
Banking News

CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane market region. Latest Fintech News: Asure Announces Integration with PrismHR to Deliver Payroll Tax Filing System......
First Citizens Bank Completes Operational Conversion of OneWest Bank Division
Banking News

First Citizens Bank Completes Operational Conversion of OneWest Bank Division

Fintech News Desk
by Fintech News Desk0
First Citizens Bank announced that its OneWest Bank division based in Southern California has completed its conversion to First Citizens’ operations and systems. This conversion integrates OneWest Bank customer accounts into First Citizens products and services. Latest Fintech News: TerraPay Partners With SendMN to Pave the Way for Seamless Cross-Border Payments......
CIT Provides $51 Million for Acquisition of Arizona Apartment Complex
Finance News

CIT Provides $51 Million for Acquisition of Arizona Apartment Complex

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, Arizona. Oceana Apartments, which was acquired by 29th Street Capital, consists of 240 one-bedroom, two-bedroom and three-bedroom units. Based in Chicago, 29th Street Capital is a leading......
First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt
debt collection News

First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt

Fintech News Desk
by Fintech News Desk0
First Citizens BancShares, Inc., parent company of First-Citizens Bank & Trust Company, announced that First Citizens Bank has given notice of its intention to redeem approximately $2.9 billion of its senior unsecured debt. On January 24, 2022, First Citizens Bank notified Wilmington Trust, National Association, as trustee (the “Trustee”), and......
First Citizens Completes Merger With CIT Group
Banking News

First Citizens Completes Merger With CIT Group

Fintech News Desk
by Fintech News Desk0
First Citizens BancShares Inc., parent company of First-Citizens Bank & Trust Company,  announced completion of its previously announced merger with CIT Group Inc. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on assets), with more than $100 billion in assets, and the largest family-controlled bank......
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