WebCIT Group Inc . (NYSE: CIT) today announced the expansion of its commercial aircraft lending business. The new Aviation Lending team will be led by Jennifer … WebJun 14, 2024 · KKR launched AV AirFinance Limited, a global commercial aviation loan servicer established by a team of industry professionals together with KKR. To support the launch, KKR and AV AirFinance agreed to purchase a nearly $800 million portfolio of aviation loans from CIT.
KKR and AV AirFinance Agree to Purchase CIT Aviation Lending …
WebJul 20, 2024 · Chris Niederpruem took over as CIT Group's head of real estate finance a year ago this month. One of his first tests: Dealing with a global pandemic. Chris Niederpruem. Image: Stephanie Price/ for Commercial Observer. Prior to COVID-19, the market comprised too many capital providers chasing too few good deals, a scenario CIT … WebJun 11, 2024 · NEW YORK, June 11, 2024 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced it is selling its aviation loan portfolio to KKR. This is related to a … duxbury transfer station sticker
KKR and AV AirFinance Agree to Purchase CIT Aviation Lending …
WebJun 11, 2024 · NEW YORK, June 11, 2024 /PRNewswire/ -- CIT Group Inc. today announced it is selling its aviation loan portfolio to KKR. This is related to a previously … WebDec 9, 2024 · NEW YORK, Dec. 9, 2024 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility ... WebJun 11, 2024 · "This transaction allows CIT to rebalance our portfolio mix and reinvest in core businesses." Dan Pietrzak, Partner and Co-head of Private Credit at KKR, commented: "The purchase of this loan portfolio from CIT will be used to seed the launch of our aviation lending business in partnership with AV AirFinance. duxbury training