News tagged with “rescue financing”. Found:
2 tagged news reports.
Your Search Returned 2 tagged news reports
Goldman owed $1 billion if CIT goes bankrupt: report
New York :: NY :: USA | about 1 month ago
Credibility
Goldman Sachs Group Inc would be due a $1 billion payment if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, the Financial Times reported on Sunday, citing people familiar with the matter. The report said Goldman would be...
Tags: Goldman Sachs Group Inc, CIT Group Inc., Financial Times, rescue financing, billion rescue
Bondholders Plan CIT Rescue
Washington :: DC :: USA | 4 months ago
Credibility NG CIT Group Inc. was close to securing $3 billion in last-minute rescue financing from its bondholders Sunday in a deal that should keep the struggling firm -- once the largest issuer of small-business loans in the U.S. -- out of bankruptcy court, people...
Tags: CIT Group Inc., bondholder group, rescue financing, avoid bankruptcy, Reuters, key bondholder
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