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Published on 9/8/2016 in the Prospect News Investment Grade Daily.

GATX announces plans to price an offering of senior notes due 2026

By Devika Patel

Knoxville, Tenn., Sept. 8 – GATX Corp. is marketing 10-year senior notes, according to a 424B2 filing with the Securities and Exchange Commission on Wednesday.

The notes will be redeemable via a make-whole call or a par call.

Bank of America Merrill Lynch, Citigroup Global Markets Inc., Morgan Stanley & Co. Inc. and US Bancorp are the bookrunners.

Proceeds will be used for general corporate purposes, including working capital and capital expenditures.

GATX is a transportation leasing company based in Chicago.


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