Top
New York  London  GMT  Tokyo  Sydney 

CIT likely to avoid bankruptcy

By   || July 19, 2009 at 21:07 GMT
|| 0 comments || Add comment

A report on the Reuters newswire is quoting the WSJ as saying that CIT have reached agreement with key bondholders for $3 billion in financing and will restructure out of court, avoiding bankruptcy.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

Comments are closed.

Bottom