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Fitch Issues Presale Report on CIT Equipment Collateral 2006-VT2.


CHICAGO -- Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 has issued a presale report on CIT n. 1. A citizen; an inhabitant of a city; a pert townsman; - used contemptuously.
Which past endurance sting the tender cit.
- Emerson.
 Equipment Collateral 2006-VT2 (CITEC 2006-VT2), discussing the rating analysis behind Fitch's expected ratings on the following:

--Class A-1 notes 'F1+';

--Class A-2, A-3 and A-4 notes 'AAA';

--Class B notes 'AA';

--Class C notes 'A';

--Class D notes 'BBB'.

The underlying pool backing the CITEC 2006-VT2 notes consists of equipment lease contracts on new and used technology and other small-ticket equipment originated or acquired by the commercial business units of the Specialty Finance segment of CIT Group Inc (CIT), a leading diversified finance company.

The presale report is available to all investors on Fitch's corporate site, www.fitchratings.com. For more information about Fitch's comprehensive subscription service, Fitch Research, which includes all presale reports, surveillance, and credit reports on more than 20 asset-backed securities Asset-backed security

A security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate.


asset-backed security

A debt security collateralized by specific assets.
 (ABS) asset classes, including collateralized debt obligations Collateralized Debt Obligation (CDO)

A general inclusive term which covers Collateralized Bond Obligations, Collateralized Loan Obligations, and Collateralized Mortgage Obligations,
 (CDOs), contact product sales at +1-212-908-0800 or at webmaster@fitchratings.com.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
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Publication:Business Wire
Date:Nov 13, 2006
Words:215
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