Issuer:

CIT Group Inc.

Principal Amount:

$1,000,000,000

Type:

SEC Registered – Registration Statement No. 333-131159

Issue Price:

100%

Underwriters’ Commission:

.15%

Proceeds to the Issuer:

$998,500,000

Pricing Date:

January 23, 2006

Settlement Date:

January 30, 2006

Maturity Date:

January 30, 2009

Specified Currency:

U.S. Dollars ($)

Interest Payment Dates:

Quarterly on January 30, April 30, July 30, and October 30 of each year, subject to the modified following Business Day convention adjusted.

First Payment Date:

April 28, 2006 (April 30, 2006 is not a Business Day)

Day Count/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 January 30, April 30, July 30, and October 30 of each year, subject to the modified following Business Day convention.

Interest Determination Date:

2 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 applicable Interest Payment Date.

Minimum Denomination:

Minimum denominations of $1,000 and integral multiples of $1,000.

Maximum Interest Rate:

Maximum rate permitted by New York law.

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