GATX redeems $61.2 million of 9% passthrough certificates at 103.99

By Marisa Wong

Madison, Wis., May 24 - GATX Corp. said it redeemed a portion of its 9% passthrough trust certificates, series 2008-2, totaling $61,199,000 on May 24.

The redemption price for each $1,000 of passthrough trust certificates was $1,039.90, which included a $39.90 make-whole premium, according to a notice.

Holders also received accrued interest of $2.25.

U.S. Bank NA is the trustee.

GATX is a Chicago-based rail and transportation company.

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