UNITED STATES
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
| March 7, 2007 |
| Date of Report (Date of earliest event reported) |
| CIT GROUP INC. |
| (Exact name of registrant as specified in its charter) |
| Delaware | 001-31369 | 65-1051192 | ||
| (State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
| incorporation) |
| 505 Fifth Avenue |
| New York, New York 10017 |
| (Address of principal executive offices, including zip code) |
| (212) 771-0505 |
| (Registrant's telephone number, including area code) |
| Not Applicable |
| (Former name or address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| o |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
| o |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 8.01 Other Events
On March 7, 2007 CIT Group Inc. (“CIT”) made available to investors a pricing supplement, dated March 7, 2007, a prospectus supplement, dated January 19, 2006 and a prospectus, dated January 20, 2006, with respect to the issuance of $1,000,000,000 aggregate principal amount of Floating Rate Senior Notes due March 12, 2009, $500,000,000 aggregate principal amount of Floating Rate Senior Notes due March 12, 2009 and $1,000,000,000 aggregate principal amount of Floating Rate Senior Notes due March 12, 2010 (collectively, the “Notes”).
The Notes were issued pursuant to an indenture, dated as of January 20, 2006, between CIT and The Bank of New York, as successor trustee, as amended.
This Current Report on Form 8-K is being filed to satisfy the requirement to file an opinion regarding legality of the Notes.
In connection with the issuance of the Notes, Shearman & Sterling LLP, counsel to CIT, has delivered an opinion to CIT, dated March 7, 2007, regarding the legality of the Notes upon issuance and sale thereof on March 14, 2007. A copy of the opinion as to legality is attached as Exhibit 5.1 hereto.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
The following exhibit is filed herewith:
5.1 Opinion of Shearman & Sterling LLP
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, CIT Group Inc. has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| CIT GROUP INC. | ||
| Dated: March 9, 2007 | By: | /s/
Glenn A. Votek |
| Name: Glenn A. Votek | ||
| Title: Executive Vice President & Treasurer | ||
EXHIBIT INDEX
| Exhibit | |
| Number | Description |
| 5.1 | Opinion of Shearman & Sterling LLP |