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Reuters: CIT courts creditors, plans large debt exchange

Started by chris, July 26, 2009, 10:55:52 AM

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chris

CIT courts creditors, plans large debt exchange
      
   
      


NEW YORK (Reuters) - CIT Group Inc , a 101-year-old lender fighting for survival, is planning a large debt exchange offer within weeks and may not sell any assets before fixing its capital structure, a source close to the company said on Friday.<div class="feedflare">
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