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CIT Group draws on $7.3 billion of bank lines (Reuters)

Started by riky, March 21, 2008, 01:01:23 AM

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riky

CIT Group draws on $7.3 billion of bank lines
    (Reuters)

 


Reuters - CIT Group Inc  said on Thursday
it drew down $7.3 billion of bank lines to help fund daily
operations, highlighting the commercial finance company's
struggle to raise cash to pay off debt.


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