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GATX CORP Capital/Financing Update 2017

Nov 2, 2017

30891_rns_2017-11-02_86a71a3d-3224-4400-976e-cf1aa3785406.zip

Capital/Financing Update

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FWP 1 d485564dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-213160

November 2, 2017

GATX Corporation

$200,000,000 Floating Rate Notes due November 2021

Final Term Sheet

Issuer: GATX Corporation
Expected Ratings (Moody’s / S&P)*: Baa2/BBB (Stable/Stable)
Security Type: Senior unsecured notes (collectively, the “Notes”)
Principal Amount: $200,000,000
Trade Date: November 2, 2017
Settlement Date (T+2): November 6, 2017
Maturity: November 5, 2021
Interest Payment Dates: February 5, May 5, August 5 and November 5 of each year, commencing on February 5, 2018
Public Offering Price: 100%, plus accrued and unpaid interest, if any, from November 6, 2017
Base Rate: LIBOR (Bloomberg L.P. Page “BBAM” or Reuters equivalent)
Index Maturity: Three-month
Spread to LIBOR: 72 basis points
Initial Interest Rate: Three-month LIBOR, determined as of two London banking days prior to the settlement date or the relevant interest reset date, as applicable, plus 0.72% per annum
Interest Determination Dates: The second London Business Day immediately preceding the first day of such interest period, commencing on February 1, 2018 (the second London banking day preceding February 5, 2018)
Record Dates: January 15, April 15, July 15 and October 15
Optional Redemption: The Notes will not be redeemable prior to maturity
Minimum Denomination: $1,000 x $1,000
CUSIP / ISIN: 361448 BB8 / US361448BB85
Day Count Convention: Actual / 360
Calculation Agent: U.S. Bank National Association
Sole Book-Runner: Morgan Stanley & Co. LLC
Senior Co-Managers: Citigroup Global Markets Inc. Merrill Lynch,
Pierce, Fenner & Smith Incorporated

Investing in the Notes involves a number of risks. See “Risk Factors” beginning on page S-1 of the preliminary prospectus supplement.

  • 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 website 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 Morgan Stanley & Co. LLC toll free at 1-866-718-1649.