Cit Grp. Pfd A (fka CIT-A)

[Stock]

CIT Group Inc. Credit Event

On November 3, 2009 the Credit Derivatives Determinations Committee for the Americas resolved that a Bankruptcy Credit Event occurred in respect of CIT Group Inc. and on the same day resolved that an auction would be held. This page contains details of the DC Resolutions, auction documentation and other items relating to the auction for CIT Group Inc.

Further documentation relating to the auction will be added as it becomes available

Auction Timeline: http://www.isda.org/companies/ISDACreditAuctionTimeline.pdf

List of Participating Bidders: List of Participating Bidders

Deliverable Obligations: Final List - word format
Final List - excel format including currency information
Submission of Potential Deliverable Obligations and Challenges

Related DC Resolutions: Determination Committee Issue 2009110201

Final Auction Terms: CIT Group Inc. CDS Auction Settlement Terms

Blackline Auction Terms: Blackline against draft CIT Group Inc. CDS Auction Settlement Terms dated Nov. 16, 2009


Press Release:

ISDA to Publish Auction Terms for CIT





http://www.isda.org/companies/cit/cit.html