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GATX CORP — Capital/Financing Update 2011
May 24, 2011
30891_rns_2011-05-24_dcb7b344-a4c5-438d-9c82-f97c4c64380e.zip
Capital/Financing Update
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Filed Pursuant to Rule 433 Registration No. 333-168879 May 24, 2011
PRICING TERM SHEET
GATX Corporation 4.850% Senior Notes due 2021
| Issuer: | GATX Corporation |
|---|---|
| Security: | 4.850% Senior Notes due 2021 |
| Size: | $250,000,000 |
| Maturity Date: | June 1, 2021 |
| Coupon: | 4.850% |
| Interest Payment Dates: | June 1 and December 1, commencing December 1, 2011 |
| Price to Investors: | 99.835% |
| Benchmark Treasury: | UST 3.125% due May 15, 2021 |
| Benchmark Treasury Yield: | 3.121% |
| Spread to Benchmark Treasury: | 175 bps |
| Make-Whole Spread (used to calculate | |
| Make-Whole Amount): | 30 bps |
| Expected Settlement Date: | May 27, 2011 (T+3) |
| CUSIP / ISIN: | 361448 AL7 / US361448AL76 |
| Anticipated Ratings: | Baa1 (stable outlook) by Moodys Investors Service, Inc. |
| BBB (stable outlook) by Standard & Poors Ratings Services | |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Lead Manager: | Morgan Stanley & Co. Incorporated |
| Co-Managers: | BMO Capital Markets Corp. |
| KeyBanc Capital Markets Inc. | |
| Loop Capital Markets LLC | |
| Mizuho Securities USA Inc. | |
| The Williams Capital Group, L.P. | |
| U.S. Bancorp Investments, Inc. |
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322.
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