secwatch / observer
8-K filed May 4, 2023, 7:59 PM ET ticker GATX CIK 0000040211
debt confidence high sentiment neutral materiality 0.55

GATX CORP (GATX): debt financing — GATX issues $400M of 5.450% Senior Notes due 2033

GATX CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

GATX CORP incurred senior notes of $400,000,000 aggregate principal amount with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters at 5.450% maturing due 2033.

Instrument
senior notes
Principal
$400,000,000 aggregate principal amount
Counterparty
BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters
Rate
5.450%
Maturity
due 2033
Event
incurrence
Exact text from the filing
☐ Item 1.01 Entry Into A Material Definitive Agreement GATX Corporation (“GATX”) entered into an Underwriting Agreement (the “Underwriting Agreement”), with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters listed therein (collectively, the “Underwriters”), dated May 1, 2023, pursuant to which GATX agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, $400,000,000 aggregate principal amount of 5.450% Senior Notes due 2033 (the “Notes”), as described in the prospectus supplement, dated May 1, 2023 (the “Prospectus Supplement”), filed pursuant to GATX’s shelf registration statement on Form S-3, Registration No.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GATX CORP entered into "Underwriting Agreement" with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters valued at $400,000,000 aggregate principal amount of 5.450% Senior Notes due 2033 (effective 2023-05-01).

Action
entry
Agreement
underwriting
Counterparty
BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters
Value
$400,000,000 aggregate principal amount of 5.450% Senior Notes due 2033
Effective
2023-05-01
Exact text from the filing
GATX Corporation (“GATX”) entered into an Underwriting Agreement (the “Underwriting Agreement”), with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters listed therein (collectively, the “Underwriters”), dated May 1, 2023, pursuant to which GATX agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, $400,000,000 aggregate principal amount of 5.450% Senior Notes due 2033 (the “Notes”),
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-135883
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