SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 22, 2003
CIT Group Inc.
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(Exact name of registrant as specified in its charter)
Delaware 001-31369 65-1051192
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1 CIT Drive, Livingston, New Jersey 07039
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(Address of registrant's principal executive offices)
Registrant's telephone number, including area code (973) 740-5000
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(Former name or former address, if changed since last report)
Item 5. Other Events.
The relevant documentation for CIT Group Inc.'s ("CIT") Floating Rate
Senior Notes maturing September 22, 2006, issued on September 23, 2003, CUSIP
number 125581AF5 in the aggregate principal amount of $200,000,000 (the
"Notes"), provides for interest payments on the Notes to commence on December
22, 2004. The parties involved in the issuance intended for the initial interest
payment date to be December 22, 2003 rather than December 22, 2004 as is
reflected in the documentation. Since the issuance, Bloomberg has reported that
the initial interest payment date would be December 22, 2003. In order to
correct the error, CIT and the trustee plan to execute the appropriate
documentation, and the first interest payment on the Notes was made on December
22, 2003. The remaining interest payment dates on the Notes will be quarterly on
the 22nd day of March, June, September and December of each year commencing with
March 22, 2004.
This document contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. All forward-looking
statements involve risks, uncertainties and contingencies, many of which are
beyond CIT's control, which may cause actual results, performance, or
achievements to differ materially from anticipated results, performance, or
achievements. All statements contained in this document that are not clearly
historical in nature are forward-looking, and the words "anticipate," "believe,"
"expect," "estimate," "plan," and similar expressions are generally intended to
identify forward-looking statements. Economic, business, funding market,
competitive and/or regulatory factors, among others, affecting CIT's businesses
are examples of factors that could cause actual results to differ materially
from those described in the forward-looking statements. More detailed
information about these factors is described in CIT's filings with the
Securities and Exchange Commission, including its Transitional Report on Form
10-K for the period from October 1, 2002 to December 31, 2002. CIT is under no
obligation to (and expressly disclaims any such obligation to) update or alter
its forward-looking statements, whether as a result of new information, future
events or otherwise.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CIT GROUP INC.
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(Registrant)
By: /s/ Joseph M. Leone
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Joseph M. Leone
Vice Chairman and
Chief Financial Officer
Dated: December 23, 2003