Tag : First Citizens Bank

CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
Banking Finance News

CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair

PR Newswire
by PR Newswire0
First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market. Founded in 1971 and headquartered in Swanton, Ohio, Tronair is a......
First Citizens Bank Provides $16 Million in Financing to FitLife Brands, Inc.
Banking Finance News

First Citizens Bank Provides $16 Million in Financing to FitLife Brands

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Middle Market Banking business provided $16 million in financing to FitLife Brands, Inc., a provider of innovative and proprietary nutritional supplements headquartered in Omaha, Nebraska. The financing includes a $12.5 million term loan for FitLife’s strategic acquisition of Mimi’s Rock, an e-commerce wellness company that owns brands in the nutritional supplement......
First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community
Banking News

First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Real Estate Finance group, part of the CIT division, provided a $48 million senior secured loan to finance the acquisition of the Dunson Grove apartment community in Davenport, Florida. The property consists of 18 three-story buildings comprising 319 residential units. Located in a suburb of Orlando, Florida, the apartment......
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......
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