Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

GATX CORP Capital/Financing Update 2011

Sep 16, 2011

30891_rns_2011-09-16_5c18cb4d-e53d-4dac-88f6-1be0eb7c3a6e.zip

Capital/Financing Update

Open in viewer

Opens in your device viewer

FWP 1 c66150f2fwp.htm FWP fwp PAGEBREAK

Filed Pursuant to Rule 433 Registration No. 333-168879 September 15, 2011

PRICING TERM SHEET

GATX Corporation 3.500% Senior Notes due 2016

Issuer: GATX Corporation
Security: The notes offered hereby (the “New Notes”) constitute a
further issuance of the 3.500% Senior Notes due 2016, of
which $250,000,000 principal amount was issued on November
19, 2010 (the “Old Notes”). The New Notes will form a
single series with the Old Notes and will have the same
terms other than the initial offering price. Immediately
upon settlement, the New Notes offered hereby will have the
same CUSIP number and will trade interchangeably with the
Old Notes. Upon completion of this offering, an aggregate
$350,000,000 of 3.500% Senior Notes due 2016 will be
outstanding.
Further Issuance Size: $100,000,000
Maturity Date: July 15, 2016
Coupon: 3.500%
Interest Payment Dates: January 15 and July 15, commencing January 15, 2012
Price to Investors: 100.252% 1
Benchmark Treasury: UST 1.000% due August 31, 2016
Benchmark Treasury Yield: 0.942%
Spread to Benchmark Treasury: T+250 bps
Make-Whole Spread (used to
calculate Make-Whole Amount)
: T+30 bps
Expected Settlement Date: September 20, 2011 (T+3)
CUSIP/ISIN: 361448 AK9 / US361448AK93
Anticipated Ratings: Baa1 (stable outlook) by Moody’s Investors Service, Inc.
BBB (stable outlook) by Standard & Poor’s Ratings Services
Joint Book-Running Managers: Citigroup Global Markets Inc.
Morgan Stanley & Co. LLC
Lead Manager: Merrill
Lynch, Pierce, Fenner & Smith Incorporated
Co-Managers: BMO Capital Markets Corp.
Mizuho Securities USA Inc.
The Williams Capital Group, L.P.
U.S. Bancorp Investments, Inc.

1 Plus accrued and unpaid interest, from and including July 15, 2011 to, but excluding, September 20, 2011, in the amount of $631,944.44.

Folio /Folio

PAGEBREAK

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 Morgan Stanley & Co. LLC at 1-866-718-1649.

Folio /Folio