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GATX CORP — Capital/Financing Update 2009
Sep 21, 2009
30891_rns_2009-09-21_c6fbb3c2-c730-433d-8bd0-151bc277a7e6.zip
Capital/Financing Update
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Filed Pursuant to Rule 433 Registration No. 333-145521 September 21, 2009
PRICING TERM SHEET
GATX Corporation 4.750% Senior Notes due 2012
| Issuer: | GATX Corporation |
|---|---|
| Security: | 4.750% Senior Notes due 2012 |
| Size: | $300,000,000 |
| Maturity Date: | October 1, 2012 |
| Coupon: | 4.750% |
| Interest Payment Dates: | April 1 and October 1, commencing April 1, 2010 |
| Price to Investors: | 99.943% |
| Benchmark Treasury: | UST 1.375% due September 15, 2012 |
| Benchmark Treasury Yield: | 1.520% |
| Spread to Benchmark Treasury: | T+325 bps |
| Make-Whole Spread (used to | |
| calculate Make-Whole Amount) | |
| : | T+50 bps |
| Expected Settlement Date: | September 24, 2009 (T+3) |
| CUSIP/ISIN: | 361448 AH6 / US361448AH64 |
| Anticipated Ratings: | Baa1 (negative outlook) by Moodys Investors Service, Inc. |
| BBB+ (negative outlook) by Standard & Poors Ratings Services | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. |
| Banc of America Securities LLC | |
| Lead Manager: | Mizuho Securities USA Inc. |
| Co-Managers: | PNC Capital Markets LLC |
| The Williams Capital Group, L.P. |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll free at 1-877-858-5407 or Banc of America Securities LLC at 1-800-294-1322.
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