Bloomberg Listing of CIT Equipment Collateral ABS Receivable-Backed Notes (Exhibit 1.1)
This document lists the terms for a public offering of receivable-backed notes issued by CIT Equipment Collateral ABS. The notes are managed by several financial institutions and are eligible for ERISA investment. The listing details the different classes of notes, their principal amounts, maturity dates, interest rates, and credit ratings. The settlement date is March 23, and the notes are structured to appeal to institutional investors seeking asset-backed securities with varying risk and return profiles.
Exhibit 1.1
CIT EQUIPMENT COLLATERAL ABS TRANSACTIONS
LEADS: ML/DB. CO-MGRS: ABN/C/CS/HSBC.
SETTLES: THUR, MAR 23 FLAT. | ML BILLS and DELIVERS |
NOTES ARE PUBLIC AND ERISA ELIGIBLE
| WAL | EXP | LGL | YLD | PX | CPN |
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A1 330.000 0.40 P-1/A-1+/F1+ 1/22/07 3/20/07 iLibor-2 | 100.00000 4.98953 |
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A2 179.000 1.10 Aaa/AAA/AAA | 8/20/07 3/20/08 EDSF +1 5.190 99.99500 5.13 |
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A3 330.000 2.00 Aaa/AAA/AAA | 2/20/09 12/21/09 SWAPS +5 5.188 99.99478 5.13 | ||||||||||||||||
A4 93.790 2.99 Aaa/AAA/AAA | 3/20/09 2/20/13 SWAPS +8 5.216 99.99951 5.16 |
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B 22.690 1.36 Aa3/AA/AA | 3/20/09 2/20/13 EDSF +12 5.297 99.98786 5.23 |
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C 22.690 1.36 A2/A/A | 3/20/09 2/20/13 EDSF +17 5.347 99.98927 5.28 |
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D 30.253 1.36 Baa2/BBB/BBB 3/20/09 2/20/13 EDSF +37 5.547 99.99499 5.48