debt
confidence high
sentiment neutral
materiality 0.60
GATX issues $600M in 6.050% notes: $200M due 2034, $400M due 2054
GATX CORP
- Issued $200M of 6.050% Senior Notes due 2034 and $400M of 6.050% Senior Notes due 2054.
- The 2034 Notes form a single series with existing $300M, bringing total outstanding to $500M.
- Underwriting agreement with BofA Securities, Citigroup, and Morgan Stanley dated June 3, 2024.
- Offering closed on June 5, 2024; proceeds for general corporate purposes.