Bond CITCO Inc. 6% ( US125581AY44 ) in USD

Issuer CITCO Inc.
Market price refresh price now   100 %  ▼ 
Country  United States
ISIN code  US125581AY44 ( in USD )
Interest rate 6% per year ( payment 2 times a year)
Maturity 01/04/2036



Prospectus brochure of the bond CIT Group Inc US125581AY44 en USD 6%, maturity 01/04/2036


Minimal amount 1 000 USD
Total amount 51 353 000 USD
Cusip 125581AY4
Standard & Poor's ( S&P ) rating BB+ ( Non-investment grade speculative )
Moody's rating Ba1 ( Non-investment grade speculative )
Next Coupon 01/10/2025 ( In 92 days )
Detailed description CIT Group Inc. is a commercial finance company providing financing and leasing services to small businesses and middle-market companies across various sectors.

The Bond issued by CITCO Inc. ( United States ) , in USD, with the ISIN code US125581AY44, pays a coupon of 6% per year.
The coupons are paid 2 times per year and the Bond maturity is 01/04/2036

The Bond issued by CITCO Inc. ( United States ) , in USD, with the ISIN code US125581AY44, was rated Ba1 ( Non-investment grade speculative ) by Moody's credit rating agency.

The Bond issued by CITCO Inc. ( United States ) , in USD, with the ISIN code US125581AY44, was rated BB+ ( Non-investment grade speculative ) by Standard & Poor's ( S&P ) credit rating agency.







http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm
424B2 1 a41621.htm CIT GROUP INC. PRICING SUPPLEMENT #5
Rule 424(b)(2)
Registration Statement No. 333-131159
CUSIP 125581AY4; ISIN US125581AY44
Common Code 024901416
PRICING SUPPLEMENT NO. 5
Dated March 20, 2006 to
Prospectus, dated January 19, 2006 and
Prospectus Supplement, dated January 20, 2006
$500,000,000

CIT Group Inc.
6.000% Senior Notes Due April 1, 2036

Joint Lead Managers

Citigroup
Goldman, Sachs & Co.
JPMorgan
_____________________________
Co-Managers
Banc of America Securities LLC
Bear, Stearns & Co. Inc.
Merrill Lynch & Co.
Morgan Stanley
RBS Greenwich Capital
Wachovia Securities
_____________________________
Junior Co-Managers
Mizuho International plc

Mitsubishi UFJ Securities

Calculation of Registration Fee
Title of Each Class of
Amount to be
Maximum
Amount of
Securities to be Registered
Registered
Aggregate Offering
Price
Registration Fee (1)
6.000% Senior Notes due April 1, 2036
$500,000,000
99.065%
$53,500
(1) This Registration Fee is calculated pursuant to Rule 457


(o) under the Securities Act.
http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (1 of 7)3/23/2006 9:51:00 AM


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm

http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (2 of 7)3/23/2006 9:51:00 AM


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm
(X) Senior Notes
( ) Subordinated Notes


Principal Amount:
$500,000,000


Proceeds to Corporation:
98.190%, or $490,950,000


Underwriters' Commission:
0.875%, or $4,375,000


Issue Price:
99.065%, or $495,325,000


Original Issue Date:
March 27, 2006.


Maturity Date:
April 1, 2036, provided that if such day is not a Business Day, the required
payment of principal and interest will be made on the following day which is
a Business Day as if it were made on the date this payment was due, and no
interest will accrue as a result of this delayed payment.


Interest Rate:
The Notes will bear interest at an annual rate of 6.000%.


Specified Currency:
U.S. Dollars ($).


Delivery:
The Notes are expected to be delivered in book-entry form only, to
purchasers through The Depository Trust Company, Clearstream and
Euroclear, as the case may be, on or about March 27, 2006.
Form:
Global Notes.


Denominations:
The Notes will be issued only in denominations of $1,000 and integral
multiples of $1,000 in excess thereof.


Interest Payment Dates:
Interest will be paid on the Maturity Date and semiannually on April 1 and
October 1 of each year, commencing on October 1, 2006, provided that if any
such day is not a Business Day, the payment will be made on the next
Business Day as if it were made on the date this payment was due, and no
additional interest will accrue as a result of this delayed payment.


Accrual of Interest:
Interest payments will include the amount of interest accrued from and
including the most recent Interest Payment Date to which interest has been
paid (or from and including the Original Issue Date) to, but excluding, the
applicable Interest Payment Date.


Exchange Listing:
None.


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (3 of 7)3/23/2006 9:51:00 AM


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm
Other Provisions:
"Notes" means the $500,000,000 6.000% Senior Notes Due April 1, 2036.
"Business Day" means any day, other than a Saturday or Sunday, that is
neither a legal holiday nor a day on which banking institutions are authorized
or required by law or regulation (including any executive order) to close in
The City of New York.


Trustee, Registrar,
JPMorgan Chase Bank, N.A.
Authenticating Agent, and U.
S. Paying Agent:


CUSIP:
125581AY4


ISIN:
US125581AY44


Common Code:
024901416


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (4 of 7)3/23/2006 9:51:00 AM


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm

PLAN OF DISTRIBUTION
We have entered into a terms agreement, dated as of March 20, 2006, with the Underwriters named below, for
whom Citigroup Global Markets Inc., Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are acting as
representatives. Subject to the terms and conditions set forth in the terms agreement, we have agreed to sell to
each of the Underwriters, and each of the Underwriters has severally agreed to purchase, the principal amount of
Notes set forth opposite its name below:
Underwriters of Notes

Principal Amount




Citigroup Global Markets Inc.

$130,000,000
Goldman, Sachs & Co.


130,000,000
J.P. Morgan Securities Inc.


130,000,000
Banc of America Securities LLC


16,667,000
Bear, Stearns & Co. Inc.


16,667,000
Greenwich Capital Markets, Inc.


16,667,000
Merrill Lynch, Pierce, Fenner & Smith
Incorporated


16,667,000
Morgan Stanley & Co. Incorporated


16,666,000
Wachovia Capital Markets, LLC


16,666,000
Mizuho International plc


5,000,000
Mitsubishi UFJ Securities International plc


5,000,000
Total

$500,000,000
We have been advised by the Underwriters that they propose initially to offer the Notes to the public at the public
offering prices set forth on page one of this pricing supplement, and to certain dealers at a price less a concession
not in excess of 0.50% of the principal amount of the Notes. The Underwriters may allow, and the dealers may
http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (5 of 7)3/23/2006 9:51:00 AM


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm
reallow, a concession to certain other dealers not in excess of 0.25% of the principal amount of the Notes. After
the initial public offering, the public offering prices and these concessions may be changed from time to time.
The Notes are a new issue of securities with no established trading market. The Underwriters have advised us
that they intend to make a market in the Notes, but the Underwriters are not obligated to do so and may
discontinue any market making at any time without notice. The trading market for the Notes may not be liquid.
The terms agreement provides that the obligations of the Underwriters are subject to certain conditions precedent
and that the Underwriters will purchase all the Notes if any are purchased.
In connection with this offering, some or all of the Underwriters and their respective affiliates may engage in
transactions that stabilize, maintain, or otherwise affect the market price of the Notes. Those transactions may
include stabilization transactions effected in accordance with Rule 104 of Regulation M under the Securities
Exchange Act of 1934, pursuant to which those Underwriters and affiliates may bid for or purchase Notes for the
purpose of stabilizing the market price. The Underwriters also may create a short position for the account of the
Underwriters by selling more Notes in connection with this offering than they are committed to purchase from us.
In that case, the Underwriters may purchase Notes in the open market following completion of this offering to
cover their short position. Any of the transactions described in this paragraph may result in the maintenance of
price of the Notes at a level above that which might otherwise prevail in the open market. None of the
transactions described in this paragraph is required, and, if they are undertaken, they may be discontinued at any
time.
Certain of the underwriters may make the Notes available for distribution on the Internet through a proprietary
Web site and/or a third-party system operated by MarketAxess Corporation, an Internet-based communications
technology provider. MarketAxess Corporation is providing the system as a conduit for communications between
such Underwriters and their respective customers and is not a party to any transactions. MarketAxess
Corporation, a registered broker-dealer, will receive compensation from such Underwriters based on transactions
they conduct through the system. Such Underwriters will make the Notes available to their respective

2

http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (6 of 7)3/23/2006 9:51:00 AM


http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm
customers through the Internet distributions, whether made through a proprietary or third-party system, on the
same terms as distributions made through other channels.
Mizuho International plc and Mitsubishi UFJ Securities International plc are not U.S. registered broker-dealers
and, therefore, to the extent they intend to effect any sales of the Notes in the United States, they will each do so
through one or more U.S. registered broker-dealers as permitted by NASD regulations.
Other than this pricing supplement, the accompanying prospectus and prospectus supplement, the registration
statement of which they form a part and the issuer free writing prospectus (collectively, the "Offering
Documents") (each in electronic format as filed with the SEC), the information on any Web site is not a part of
the Offering Documents.
Some or all of the Underwriters or their affiliates have provided and will in the future continue to provide
banking and/or other financial services to CIT and its subsidiaries.
The terms agreement provides that CIT will indemnify the Underwriters against certain liabilities, including
liabilities under the Securities Act of 1933, or contribute to payments the Underwriters may be required to make
in respect thereof.

3

http://www.sec.gov/Archives/edgar/data/1171825/000095011706001392/a41621.htm (7 of 7)3/23/2006 9:51:00 AM


Document Outline