Evening-traded shares of CIT /quotes/comstock/13*!cit/quotes/nls/cit (CIT 0.67, -0.05, -7.50%) rose 0.7% to 73 cents following their 24% slide in the regular session. The company said in a regulatory filing that Goldman Sachs had cut the size of its $3 billion lending facility, prompting it to pay related fees.
Goldman agreed to waive its right to terminate the remaining facility if the business lender files for bankruptcy, CIT said in the filing.
CIT, which lends to small and midsize firms, also said it has received a $1 billion credit line from billionaire investor Carl Icahn. See full story.