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Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Palermo SA > News item
Published on 5/14/2020 in the Prospect News Bank Loan Daily.

GATX to repay debt under revolver with proceeds from business sale

By Sarah Lizee

Olympia, Wash., May 14 – GATX Corp. plans to repay outstanding debt under its $250 million revolving credit facility‎ using proceeds from the sale of its American Steamship business to Rand Logistics, LLC for about $260 million, according to a press release.

GATX is a transportation leasing company based in Chicago.


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