Press Release

DBRS Discontinues Rating of CIT Group’s Series B Notes

Non-Bank Financial Institutions
January 05, 2011

DBRS Inc. has today discontinued the rating of the Series B Notes issued by CIT Group Inc. (CIT or the Company). The Notes were paid in full on January 4, 2011. Today’s rating action does not impact the issuer rating of CIT, which remains B (high), with a Positive trend.

Notes:
All figures are in U.S. Dollars unless otherwise noted.

The applicable methodology is Rating Finance Companies Operating in the United States, which can be found on our website under Methodologies.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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