DBRS Discontinues Rating of CIT Group’s Series B Notes
Non-Bank Financial InstitutionsDBRS Inc. has today discontinued the rating of the Series B Notes issued by CIT Group Inc. (CIT or the Company). The Notes were paid in full on January 4, 2011. Today’s rating action does not impact the issuer rating of CIT, which remains B (high), with a Positive trend.
Notes:
All figures are in U.S. Dollars unless otherwise noted.
The applicable methodology is Rating Finance Companies Operating in the United States, which can be found on our website under Methodologies.
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