Cit head aviation lending
WebJan 18, 2024 · JAN 18, 2024 - 12:34 pm. White Oak Global Advisors completed a $550 million transaction with GE Capital Aviation Services to buy and immediately lease back 20 wide body aircraft engines. CIT served as financing partner in the transaction. To facilitate this transaction, and to strengthen and grow White Oak’s financing capabilities for ... WebJun 11, 2024 · KKR ( NYSE: KKR) agrees to acquire CIT Group's (CIT) aviation loan portfolio, which has a committed loan balance of almost $800M and will support KKR's formation of AV AirFinance Limited, a global ...
Cit head aviation lending
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http://cit.mediaroom.com/2024-06-11-KKR-and-AV-AirFinance-Agree-to-Purchase-CIT-Aviation-Lending-Portfolio WebJun 14, 2024 · KKR & Co.’s co-head of Private Credit, Dan Pietrzak said, “The purchase of this loan portfolio from CIT will be used to seed the launch of our aviation lending …
WebWHAT WE DO. AV AirFinance, in conjunction with KKR, is a new loan servicer in the commercial aviation space, arranging financing to airlines, cargo operators, lessors, … WebDec 10, 2024 · CIT Group Inc. announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. "We were pleased to work with CIT on securing this financing that further strengthens the financial position of …
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 … 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, …
WebJan 31, 2024 · Friday, January 31, 2024 09:00 AM. NEW YORK, Jan. 31, 2024 / PRNewswire / -- CIT Group Inc. (NYSE: CIT) today announced its newly-acquired … flying cross waterproof jacketWebCIT Group is to expand its commercial aircraft lending business, with a new aviation lending team providing aircraft-backed loans to the commercial aviation industry. The … flying crossword clue dan wordWebCiti's leadership team comprises our Executive Management Team and Board of Directors. View a list of all our leaders and read their profiles. flying cross vest carrierWebJun 14, 2024 · To support the launch, KKR and AV AirFinance – as reported June 11 by Equipment Finance Advisor – have agreed to purchase a nearly $800 million portfolio of aviation loans from CIT Group, including over 50 loans for approximately 60 commercial aircraft. The loans in the portfolio have an average yield in the mid-single digits and an … green light neem concentrate instructionsWebJul 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 … flying crowbarWebJun 11, 2024 · KKR and AV Airfinance have agreed to purchase a nearly $800 million portfolio of aviation loans from CIT Group, as reported first by Airfinance Journal in March. The book includes over 50 loans for approximately 60 commercial aircraft. The loans in the portfolio have an average yield in the mid-single digits and an average term remaining of ... greenlight networks buffalohttp://cit.mediaroom.com/2024-06-11-KKR-and-AV-AirFinance-Agree-to-Purchase-CIT-Aviation-Lending-Portfolio green light national chicago