KKR and AV AirFinance Agree to Purchase CIT Aviation Lending Portfolio
NEW YORK, June 11, 2021 |PRNewswire| -- CIT Group Inc. (NYSE: CIT) today announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50
KKR and AV AirFinance Agree to Purchase CIT Aviation Lending Portfolio
NEW YORK, June 11, 2021 |PRNewswire| -- CIT Group Inc. (NYSE: CIT) today announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50