debt
confidence high
sentiment neutral
materiality 0.50
GATX raises $800M through dual-tranche senior note offering
GATX CORP
- $500M of 5.500% Senior Notes due 2035 and $300M of 6.050% Senior Notes due 2054 issued.
- 2054 notes are additional issuance; total $700M of 2054 notes outstanding post-offering.
- Underwriters: BofA Securities, Citigroup Global Markets, Morgan Stanley.
- Notes issued under existing indenture dated 2008; proceeds for general corporate purposes.
- Offering closed on February 6, 2025.