S&C Advises CIT Group Inc. on Bank Regulatory Matters in Connection With $10 Billion Sale of CIT Commercial Air to Avolon Holdings Limited

October 6, 2016

S&C represents CIT Group Inc. on bank regulatory matters in connection with its definitive agreement to sell CIT Commercial Air, its commercial aircraft leasing business, to Avolon Holdings Limited, a wholly owned subsidiary of HNA Group. The transaction is valued at approximately $10 billion.

The S&C team on the transaction was led by Ms. Orme and Mr. Cohen.