Cit Grp. Pfd A (fka CIT-A)

[Jean01234]

Post from yahoo

On December 10, 2009, the Company closed its issuance of approximately $21.04 billion principal amount of its 7.0% Series A Second-Priority Secured Notes due each year from 2013 to 2017 (the "Series A Notes") and Delaware Funding closed its issuance of approximately $2.15 billion principal amount of its 10.25% Series B.


and bondholders owned 100% of new commons