Filed
under Rule 424(b)(3), Registration Statement Nos. 333-92258 and 333-98743
Pricing Supplement No. 1—dated
Tuesday, November 12, 2002 (To: Prospectus Dated September 13, 2002 and Prospectus
Supplement Dated November 01, 2002)
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| 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 | ||||||||
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| 12557WAA9 | $58,289,000.00 | 100.000% | .625% | $57,924,693.75 | 5.650% | SEMI- ANNUAL |
11/15/2005 | 05/15/2003 | $28.25 | YES | Senior Unsecured Notes |
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Redemption Information: Non-Callable
Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: BMO Nesbitt Burns Corp., Charles Schwab & Co., Inc., Edward D. Jones & Co., L.P., Fidelity Capital Markets, a division of National Financial Services, LLC, RBC Capital Markets, Salomon Smith Barney, UBS PaineWebber Inc., Wachovia Securities
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| 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 | ||||||||
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| 12557WAB7 | $38,823,000.00 | 100.000% | 1.000% | $38,434,770.00 | 6.000% | QUARTERLY | 11/15/2007 | 02/15/2003 | $15.00 | YES | Senior Unsecured Notes |
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Redemption Information: Non-Callable
Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: BMO Nesbitt Burns Corp., Charles Schwab & Co., Inc., Edward D. Jones & Co., L.P., Fidelity Capital Markets, a division of National Financial Services, LLC, RBC Capital Markets, Salomon Smith Barney, UBS PaineWebber Inc., Wachovia Securities
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| 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 | ||||||||
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| 12557WAC5 | $86,966,000.00 | 100.000% | 1.500% | $85,661,510.00 | 7.800% | SEMI-ANNUAL | 11/15/2012 | 05/15/2003 | $39.00 | YES | Senior Unsecured Notes |
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Redemption Information: Callable at 100.000% on 11/15/2004 and every interest payment date thereafter.
Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: BMO Nesbitt Burns Corp., Charles Schwab & Co., Inc., Edward D. Jones & Co., L.P., Fidelity Capital Markets, a division of National Financial Services, LLC, RBC Capital Markets, Salomon Smith Barney, UBS PaineWebber Inc., Wachovia Securities
The CIT InterNotes due 11/15/2012 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 11/15/2004 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the CIT InterNotes due 11/15/2012 plus accrued interest thereon, if any, upon at least 30 days prior notice to the noteholder and the trustee, as described in the prospectus supplement.
 CIT Group Inc. 1 CIT Drive Livingston NJ 07039 |
Trade
Date: Tuesday, November 12, 2002 @ 12:00 PM ET Settle Date: Friday, November 15, 2002 Minimum Denomination/Increments: $1,000.00/$1,000.00 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 term is defined in prospectus supplement), principal, premium, if any, and interest for that note is 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 service mark of INCAPITAL, LLC. All Rights Reserved. |
CIT
Group Inc. $2,000,000,000 CIT InterNotes |