A Different Flavor of DIP Loan - Investment Dealers' Digest - 2009/11/06 - SourceMedia

Report title: A Different Flavor of DIP Loan

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1011 word report published Nov 06, 2009

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When CIT Group Inc. filed for bankruptcy it turned to a different type of debtor-in-possession loan structure - one that harkens back to more traditional financings of court-supervised companies - and the century-old company's ability...

Source:

Investment Dealers' Digest

Author:

By Aleksandrs Rozens

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SourceMedia, Inc. is a leading publisher and information provider for professionals in the financial services and related technologies markets. Key publications include Accounting Today, American Banker, Financial Planning, National Mortgage News, Securities Industry News, and The Bond Buyer, as well as several other well-known and respected magazines and newsletters.

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