CIT Group (CIT) rises slightly AH after stating it will redeem $1.6B worth of 7% senior notes...

|About: CIT Group Inc. (CIT)|By:, SA News Editor

CIT Group (CIT) rises slightly AH after stating it will redeem $1.6B worth of 7% senior notes due 2015. Following the purchase, CIT will still have $3.1B in 7% notes due 2016, and $4.1B in 7% notes due 2017, left on its books.