Exhibit 99.2
VOLUNTARY PREPAYMENT NOTICE
Reference is made to the Credit and Guaranty Agreement, dated as of October 28, 2009 (as it may be amended, supplemented or otherwise modified, the “Credit Agreement”; the terms defined therein and not otherwise defined herein being used herein as therein defined), by and amongCIT GROUP INC., a Delaware corporation (“Company”), certain Subsidiaries of Company, as borrowers (together with Company, “Borrowers”), certain Subsidiaries of Company, as Guarantors, the Lenders party thereto from time to time, andBANK OF AMERICA, N.A., as Administrative Agent and Collateral Agent.
Pursuant to Section 2.9 of the Credit Agreement, Company, as Borrower Representative on behalf of Borrowers, desires to prepay some the Loans, each such prepayment to be effective as of06/28/10:
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| Tranche 1A | Principal Prepayment Amount = $80,000,000 |
| | Payment Premium = $1,600,000 |
| | Total Payment = $81,600,000 |
| | |
| Tranche 1B | Principal Prepayment Amount = $40,000,000 |
| | Payment Premium = $800,000 |
| | Total Payment = $40,800,000 |
| | |
| Tranche 2 | Principal Prepayment Amount = $180,000,000 |
| | Payment Premium = $3,600,000 |
| | Total Payment = $183,600,000 |
| | |
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Date: June 23, 2010 | CIT GROUP INC.,
as Borrower Representative |
| |
| | By: /s/ Glenn A. Votek |
| | Name: Glenn A. Votek |
| | Title: Executive Vice President & Treasurer |
