Filed under Rule 433
File No. 333-119172
FINAL TERM SHEET
FLOATING RATE NOTES DUE DECEMBER 19, 2008:
Issuer: CIT Group Inc.
Principal Amount: $500,000,000
Type: SEC Registered - Registration Statement
No. 333-119172
Proceeds to the Issuer: $499,250,000
Underwriters' Commission: 0.15%
Issue Price: 100%
Pricing Date: December 14, 2005
Settlement Date: December 19, 2005
Maturity Date: December 19, 2008
Specified Currency: U.S. Dollars ($)
Interest Payment Dates: Quarterly on March 19, June 19, September
19 and December 19 of each year,
subject to the modified following
Business Day convention.
First Payment Date: March 20, 2006 (March 19, 2006 is not a
Business Day)
Accrual of Interest: Actual/360
Interest Rate Basis: LIBOR Telerate
Index Maturity: Three Months
Spread: +15 basis points (0.15%)
Interest Rate Calculation: LIBOR Telerate determined on the Interest
Determination Date plus the Spread.
Initial Interest Rate: LIBOR Telerate determined two London
Business Days prior to the Settlement
Date plus the Spread.
Interest Reset Dates: Quarterly on March 19, June 19, September
19 and December 19 of each year,
subject to the modified following
Business Day convention.
Interest Determination Date: Two London Business Days prior to each
Interest Reset Date.
Calculation Date: The earlier of (i) the fifth Business Day
after each Interest Determination Date,
or (ii) the Business Day immediately
preceding the applicableInterest Payment
Date.
Maximum Interest Rate: Maximum rate permitted by New York law.
Minimum Interest Rate: 0.0%
Exchange Listing: None
Other Provisions: "LIBOR Telerate" means the rate for
deposits in U.S. dollars having the Index
Maturity specified above which appears on
the Telerate Page 3750 (defined below)
as of 11:00 a.m., London time, on the
applicable Interest Determination Date.
"Telerate Page 3750" means the display
page designated as page 3750 on the
Moneyline Telerate service (or such other
page as may replace page 3750 on that
service for the purpose of displaying
London Interbank Offered Rates).
"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, and a day that is also a London
Business Day.
"London Business Day" means any day on
which dealings in deposits in U.S.
dollars are transacted in the London
interbank market.
-----------------------------------
The issuer has filed a registration statement (including a prospectus) with the
SEC for the offering to which this communication relates. Before you invest, you
should read the prospectus in that registration statement and other documents
the issuer has filed with the SEC for more complete information about the issuer
and this offering. You may get these documents for free by visiting EDGAR on the
SEC Web site at www.sec.gov. Alternatively, any underwriter or any dealer
participating in the offering will arrange to send you the prospectus if you
request it by calling Barclays Capital Inc. toll free 1-888-227-2775, Ext. 2663
or Bear, Stearns & Co. Inc. toll-free 1-800-248-3580 or J.P. Morgan Securities
Inc. collect 212-834-4533.
2