Croix Casinos Enterprises, said, This financing will help us increase our revenues as we expand our current entertainment, gaming and retail offerings. After a thorough evaluation, the range and scale of the facilities this transaction will help fund will best suit the needs of the St. Croix Chippewa Indians. The Tribe valued its longstanding relationship with CIT (since 2001) and private business loans its experience in the gaming sector as we worked to complete this transaction and we look forward to working with CIT again in the future. Wade Layton , Group Head and Managing Director, CIT Entertainment, Media, Gaming & Sports, said, CIT has a strong, longstanding relationship with the St. Croix Chippewa Indians. In addition to this recent financing, CIT is working closely with the Tribe and casino to also meet their treasury and depository needs. Steve Epperly, Senior Director, CIT Corporate Finance, said, We are pleased we could leverage our gaming industry expertise and industry-leading capital solutions to help the Tribe expand their footprint while continuing to provide a wide variety of gaming, retail and entertainment options to its clientele. EDITORS NOTE: CIT thought leadership content can be found at the Knowledge Center on CIT.com ( cit.com/knowledgecenter ) and our CIT Point of View blog ( cit.com/pov ). View our corporate video ( cit.com/corporatevideo ) and follow us on Twitter , LinkedIn , YouTube and Facebook .
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