The pricing supplement, dated December
23, 2002, filed by CIT Group Inc. on December 26, 2002,
to the Prospectus Supplement dated November 1, 2002 and Prospectus dated September
13, 2002,
inadvertently was designated as Pricing Supplement No. 1. Set forth
below is a corrected version of
the Pricing Supplement which is correctly designated as Pricing Supplement No.
7.
Filed Under Rule 424(b)(3), Registration
Statement No. 333-92258 and 333-98743
Pricing Supplement No. 7 dated December
23, 2002
To Prospectus Dated September 13, 2002 and
Prospectus Supplement Dated November 1, 2002
CUSIP Number |
Principal Amount |
Price to Public |
Gross Concession |
Net Proceeds |
Interest Rate |
Interest Payment Frequency |
Maturity Date |
1st Interest Payment Date |
1st Interest Payment Amount Per Thousand Dollars of Principal Amount |
Survivor's Option |
Ranking |
12557WAU5 | $16,450,000.00 | 100.000% | .625% | $16,347,187.50 | 4.200% | SEMI-ANNUAL | 12/15/2005 | 06/15/2003 | $19.60 | YES | Senior Unsecured Notes |
CUSIP Number |
Principal Amount |
Price to Public |
Gross Concession |
Net Proceeds |
Interest Rate |
Interest Payment Frequency |
Maturity Date |
1st Interest Payment Date |
1st Interest Payment Amount Per Thousand Dollars of Principal Amount |
Survivor's Option |
Ranking |
12557WAV3 | $23,521,000.00 | 100.000% | 1.000% | $23,285,790.00 | 5.100% | SEMI-ANNUAL | 12/15/2007 | 06/15/2003 | $23.80 | YES | Senior Unsecured Notes |
CUSIP Number |
Principal Amount |
Price to Public |
Gross Concession |
Net Proceeds |
Interest Rate |
Interest Payment Frequency |
Maturity Date |
1st Interest Payment Date |
1st Interest Payment Amount Per Thousand Dollars of Principal Amount |
Survivor's Option |
Ranking |
12557WAW1 | $68,803,000.00 | 100.000% | 1.500% | $67,770,955.00 | 6.500% | QUARTERLY | 12/15/2012 | 03/15/2003 | $14.08 | YES | Senior Unsecured Notes |
The CIT InterNotes due 12/15/2012 will be subject to redemption
at the option of CIT Group Inc., in whole or from time to time in part on the
interest payment date occurring 12/15/2004 and on any interest payment date
thereafter at a redemption price equal to 100% of the principal amount of the
CIT InterNotes due 12/15/2012, plus accrued interest thereon, if any, upon at
least 30 days prior notice to the noteholders and the trustee, as described
in the prospectus supplement.
CIT Group Inc. 1 CIT Drive Livingston, NJ 07039 |
Trade Date: Monday, December
23, 2002 @12:00 PM ET Settle Date: Friday, December 27, 2002 Minimum Denomination/Increments: $1,000/$1,000 Initial trades settle flat and clear SDFS: DTC Book Entry only DTC number: 0262 via BNY Clearing Services, LLC Trustee: Bank One Trust Company, N.A. If the maturity date, date of earlier redemption or repayment or an interest payment date for any note is not a business day (as such term is defined in the prospectus supplement), principal, premium, if any, and interest for that note will be paid on the next business day, and no interest will accrue on the amount payable from, and after, the maturity date, date of earlier redemption or repayment or such interest payment date. InterNotes® is the trade mark of INCAPITAL, LLC. All rights reserved |
CIT Group Inc.
$2,000,000,000 InterNotes
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