CIT Group Serves as Joint Lead Arranger in BarrierSafe Recap

CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that it arranged and syndicated $199 million in senior secured credit facilities to support the recapitalization of BarrierSafe Solutions International in conjunction with its acquisition of ONGUARD Industries, LLC. BarrierSafe Solutions International is a portfolio company of Odyssey Investment Partners, LLC.

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