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CIT Serves as Lead Arranger and Administrative Agent for $242 Million Financing for Jordan Health Services

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Dateline City:
NEW YORK
  • Based in Dallas, TX, Jordan Health Services Is One of the Nation’s Largest Providers of Home Healthcare and Hospice Services
  • Jordan Is a Portfolio Company of Palladium Equity Partners, LLC, a Private Equity Firm that Specializes in Middle-Market Companies

NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Healthcare Finance served as Lead Arranger and Administrative Agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and hospice services in Texas and Oklahoma, with a growing presence in Arkansas and Louisiana.

Language:
English
Contact:

CIT MEDIA RELATIONS:
Matt Klein
Director, Media Relations
(973) 597-2020
Matt.Klein@cit.com
or
CIT INVESTOR RELATIONS:
Barbara Callahan
Senior Vice President
(973) 740-5058
Barbara.Callahan@cit.com
or
For media inquiries related to Palladium or Jordan:
Todd Fogarty or Peter Hill
Kekst and Company
(212) 521-4800
todd-fogarty@kekst.com or peter-hill@kekst.com

Ticker Slug:
Ticker:
CIT
Exchange:
NYSE
ISIN:
US1255811085

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