Supplement | HBS Case Collection | October 2013

Oaktree and the Restructuring of CIT Group (B)

by Victoria Ivashina and David Scharfstein

Abstract

This supplement presents the actual terms of the rescue financing provided by a group of private investors to CIT. It is intended to be distributed at the end of the discussion of "Oaktree and the Restructuring of CIT Group (A)" (HBS No. 214-035) and can be used as background to reflect on the students' proposal of financing terms for the $3 billion rescue financing of CIT.

Keywords: Private Equity; Restructuring; Financial Services Industry;

Citation:

Ivashina, Victoria, and David Scharfstein. "Oaktree and the Restructuring of CIT Group (B)." Harvard Business School Supplement 214-036, October 2013.