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CIT To Resolve $750 Mill. Of Debt

(Filed Under Financial and General Interest News). CIT Group Inc. voluntarily prepayed $750 million of its debt on February 9th based on authorization from its board of directors. As previously reported in BODY, the lender to small-to-medium market businesses filed for bankruptcy last November in an effort to reduce $10 billion of its outstanding debt.

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Published 02-09-2010 by Amanda Torres Price

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