secwatch / observer
8-K filed November 2, 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 6.900% Senior Notes due 2034

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 at 6.900% maturing 2034.

Instrument
senior notes
Principal
$400,000,000 aggregate principal amount
Counterparty
BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC
Rate
6.900%
Maturity
2034
Event
incurrence
Exact text from the filing
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 6.900% Senior Notes due 2034
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

GATX CORP entered into Underwriting Agreement with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC valued at $400,000,000 aggregate principal amount of 6.900% Senior Notes due 2034 (effective 2023-10-31).

Action
entry
Agreement
underwriting
Counterparty
BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC
Value
$400,000,000 aggregate principal amount of 6.900% Senior Notes due 2034
Effective
2023-10-31
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 October 31, 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 6.900% Senior Notes due 2034 (the “Notes”), as described in the prospectus supplement, dated October 31, 2023 (the “Prospectus Supplement”), filed pursuant to GATX’s shelf registration statement on Form S-3, Registration No. 333-264721.
View on SEC.gov

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GATX CORP filing history →

Source: SEC EDGAR
accession 0001193125-23-269256
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