GATX CORP amended Amendment No. 1 with the banks, financial institutions and other institutional lenders parties thereto, and Citibank, N.A., as administrative agent (effective 2026-05-21).
“On May 21, 2026, GATX Corporation (the “Company”) entered into Amendment No. 1 (the “Amendment”) among the Company, the banks, financial institutions and other institutional lenders parties thereto, and Citibank, N.A., as administrative agent, to its existing Five Year Credit Agreement”
Earnings Releases
GATX CORP reported 2026 first quarter results: net income $85.5 million, EPS $2.35 per diluted share. Guidance reaffirmed.
“GATX Corporation (NYSE: GATX) today reported 2026 first-quarter net income attributable to GATX of $85.5 million, or $2.35 per diluted share, compared to net income attributable to GATX of $78.6 million, or $2.15 per diluted share, in the first quarter of 2025.”
Debt Financings
GATX CORP incurred senior notes of $500,000,000 aggregate principal amount of 5.300% Senior Notes due 2036 with U.S. Bank Trust Company, National Association at 5.300% per annum maturing April 15, 2036.
“The 2036 Notes were issued at 99.799% of their par value and bear interest at a rate of 5.300% per annum. Interest on the 2036 Notes is payable semi-annually in arrears on April 15 and October 15, beginning October 15, 2026. The 2036 Notes mature on April 15, 2036.”
Debt Financings
GATX CORP incurred senior notes of $500,000,000 aggregate principal amount of 4.625% Senior Notes due 2031 with U.S. Bank Trust Company, National Association at 4.625% per annum maturing April 15, 2031.
“The 2031 Notes were issued at 99.860% of their par value and bear interest at a rate of 4.625% per annum. Interest on the 2031 Notes is payable semi-annually in arrears on April 15 and October 15, beginning October 15, 2026. The 2031 Notes mature on April 15, 2031.”
Material Agreements
GATX CORP entered into Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 aggregate principal amount of 4.625% Senior Notes due 2031 and $500,000,000 aggregate p (effective 2026-03-12).
“Indenture, dated as of March 12, 2026 (the “Indenture”), by and among the Issuer, GATX, as guarantor, and U.S. Bank Trust Company, National Association, as trustee (in such capacity, the “Trustee”).”
Material Agreements
GATX CORP entered into Call Option Agreement with the JV, GATX and Michigan U.S. Holdings LP (effective 2026-01-01).
“On the Closing Date, the JV, GATX and Michigan U.S. Holdings LP, an affiliate of Brookfield, entered into a Call Option Agreement (the “Call Option Agreement”)”
Material Agreements
GATX CORP entered into A&R JV LLC Agreement with GATX, Brookfield and the JV (effective 2026-01-01).
“On the Closing Date, GATX, Brookfield and the JV entered into an Amended and Restated Limited Liability Company Agreement of the JV (the “A&R JV LLC Agreement”).”
Material Agreements
GATX CORP entered into Guaranty Agreement with Wells Fargo, as administrative agent (effective 2025-12-31).
“Concurrently with the entry by the parties into the Credit Agreement, GATX entered into the Guaranty Agreement, pursuant to which GATX irrevocably and unconditionally guaranteed”
Material Agreements
GATX CORP entered into Credit Agreement with Wells Fargo, as administrative agent valued at approximately $3.0 billion (effective 2025-12-31).
“On December 31, 2025, GABX entered into a Credit Agreement (the “Credit Agreement”) with Wells Fargo, as administrative agent (the “Agent”), and the lenders and issuing banks party thereto.”
“Concurrently with the entry by the parties into the Credit Agreement, GATX entered into the Guaranty Agreement, pursuant to which GATX irrevocably and unconditionally guaranteed, as a primary obligor, the payment and performance of GABX's obligations under the Credit Agreement until the earlier of the time that (i) the Guaranty Agreement is released in accordance with the terms of the Guaranty Agreement and the Credit Agreement or (ii) GABX's obligations are paid in full and commitments under the Credit Agreement are terminated.”
Debt Financings
GATX CORP incurred revolving credit of $250 million with Wells Fargo, N.A. (as administrative agent) at priced by reference to a grid based initially on GATX's public credit rating maturing December 31, 2030.
“On December 31, 2025, GABX entered into a Credit Agreement (the "Credit Agreement") with Wells Fargo, as administrative agent (the "Agent"), and the lenders and issuing banks party thereto. The Credit Agreement provides for (i) an unsecured term loan facility in an aggregate principal amount of approximately $3.0 billion and (ii) an unsecured revolving credit facility in an aggregate principal amount of $250 million, which includes a $50 million letter of credit sub-facility and a $50 million swingline sub-facility. The facilities mature on December 31, 2030, subject to customary extension and refinancing mechanics. Borrowings under the Credit Agreement bear interest, subject to the terms specified therein, at either (i) a rate based on the Secured Overnight Financing Rate (SOFR) plus a margin or (ii) an alternative base rate plus a margin. The term loan bears interest at SOFR plus 1.35% (or, if based on the alternative base rate, that base rate plus 0.25%). Revolving loans are priced”
Debt Financings
GATX CORP incurred term loan of approximately $3.0 billion with Wells Fargo, N.A. (as administrative agent) at SOFR plus 1.35% maturing December 31, 2030.
“On December 31, 2025, GABX entered into a Credit Agreement (the "Credit Agreement") with Wells Fargo, as administrative agent (the "Agent"), and the lenders and issuing banks party thereto. The Credit Agreement provides for (i) an unsecured term loan facility in an aggregate principal amount of approximately $3.0 billion and (ii) an unsecured revolving credit facility in an aggregate principal amount of $250 million, which includes a $50 million letter of credit sub-facility and a $50 million swingline sub-facility. The facilities mature on December 31, 2030, subject to customary extension and refinancing mechanics. Borrowings under the Credit Agreement bear interest, subject to the terms specified therein, at either (i) a rate based on the Secured Overnight Financing Rate (SOFR) plus a margin or (ii) an alternative base rate plus a margin. The term loan bears interest at SOFR plus 1.35% (or, if based on the alternative base rate, that base rate plus 0.25%).”
M&A Transactions
GATX CORP completed an acquisition involving Wells Fargo Bank, N.A. for approximately $4.2 billion (closed 2026-01-01).
“Partners L.P. and its institutional partners (collectively, “Brookfield”), approximately 101,000 railcars from Wells Fargo Bank, N.A. (“Wells Fargo”), for approximately $4.2 billion. The joint venture entity is GABX Leasing LLC (“GABX” or the “JV”), initially owned 30% by GATX and 70% by Brookfield. As further described below, the transactions contemplated”
Debt Financings
GATX CORP incurred senior notes of $200,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 and $200,000,000 aggregate principal amount of 6 with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC at 5.500% Senior Notes due 2035 and 6.050% Senior Notes due 2054 maturing 2035 and 2054.
“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 22, 2025, pursuant to which GATX agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, $200,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 (the “2035 Notes”) and $200,000,000 aggregate principal amount of 6.050% Senior Notes due 2054 (the “2054 Notes” and, together with the 2035 Notes, the “Notes”), as described in the prospectus supplement, dated October 22, 2025 (the “Prospectus Supplement”), filed pursuant to GATX’s shelf registration statement on Form S-3, Registration No. 333-286436.”
Debt Financings
GATX CORP incurred revolving credit of $32 million with M&T Bank.
“Pursuant to the Supplement, the Increasing Lender made a revolving credit commitment in an amount of $32 million to the Company.”
Shareholder Votes
GATX CORP shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2024-04-26 meeting.
“Proposal 3 - Ratification of the Appointment of Independent Registered Public Accounting Firm The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, by the following vote: For Against Abstain Broker Non-Votes 32,355,529 1,705,636 31,931 —”
Shareholder Votes
GATX CORP shareholders approved Advisory Resolution on Executive Compensation at the 2024-04-26 meeting.
“Proposal 2 - Advisory Resolution on Executive Compensation The shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers as disclosed in the Compensation Discussion and Analysis section, executive compensation tables and accompanying narrative discussions contained in the Proxy Statement, by the following vote: For Against Abstain Broker Non-Votes 32,049,856 795,618 71,269 1,176,353”
Shareholder Votes
GATX CORP shareholders approved Election of Directors at the 2024-04-26 meeting.
“Proposal 1 - Election of Directors Each of the nine individuals named below was elected to serve on the Company's Board of Directors until the Company's 2025 annual meeting of shareholders and until his or her successor shall have been duly elected and qualified, or until his or her earlier death or resignation, by the following vote: Name For Against Abstain Broker Non-Votes Diane M. Aigotti 32,817,021 78,234 21,488 1,176,353 Anne L. Arvia 31,155,924 1,736,584 24,335 1,176,353 Shelley J. Bausch 32,857,278 40,033 19,432 1,176,353 John M. Holmes 32,862,674 36,305 17,764 1,176,353 Robert C. Lyons 31,334,806 1,557,985 23,952 1,176,353 James B. Ream 31,231,227 1,660,038 25,478 1,176,353 Adam L. Stanley 32,812,570 86,287 17,886 1,176,353 David S. Sutherland 30,967,764 1,925,391 23,588 1,176,353 Paul G. Yovovich 30,846,038 2,047,185 23,520 1,176,353”
Earnings Releases
GATX CORP reported the first quarter of 2024 results: net income $74.3 million, or $2.03 per diluted share, EPS $2.03 per diluted share. Guidance reaffirmed.
“GATX Corporation (NYSE: GATX) today reported 2024 first-quarter net income of $74.3 million, or $2.03 per diluted share”
Debt Financings
GATX CORP incurred senior notes of $350,000,000 aggregate principal amount with BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC at 5.400% maturing 2027.
“GATX agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, $350,000,000 aggregate principal amount of 5.400% Senior Notes due 2027”
Material Agreements
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 $350,000,000 aggregate principal amount of 5.400% Senior Notes due 2027 (effective 2024-02-27).
“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 February 27, 2024”
John M. Holmes was elected as Director at GATX CORP.
“On January 26, 2024, the Board of Directors (the “Board”) of GATX Corporation (the “Company”) elected John M. Holmes as a director and assigned him to its Audit Committee, effective immediately.”
“Company initiates 2024 earnings guidance of $7.30–$7.70 per diluted share”
Earnings Releases
GATX CORP reported full-year 2023 results: net income 259.2 million, EPS $7.12 per diluted share.
“Net income for the full-year 2023 was $259.2 million or $7.12 per diluted share, compared to $155.9 million or $4.35 per diluted share in the prior year.”
Earnings Releases
GATX CORP reported 2023 fourth-quarter results: net income 66.0 million, EPS $1.81 per diluted share.
“GATX Corporation (NYSE: GATX) today reported 2023 fourth-quarter net income of $66.0 million or $1.81 per diluted share, compared to net income of $48.4 million or $1.36 per diluted share in the fourth quarter of 2022.”
Debt Financings
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.
“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”
Material Agreements
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).
“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.”
Earnings Releases
GATX CORP reported first nine months of 2023 results: net income $193.2 million, or $5.30 per diluted share.
“Net income for the first nine months of 2023 was $193.2 million, or $5.30 per diluted share”
Earnings Releases
GATX CORP reported 2023 third quarter results: net income $52.5 million, or $1.44 per diluted share. Guidance raised.
“GATX Corporation (NYSE: GATX) today reported 2023 third-quarter net income of $52.5 million, or $1.44 per diluted share”
Debt Financings
GATX CORP incurred senior notes of $300,000,000 with BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters at 6.050% maturing 2034.
“☐ Item 1.01 Entry Into A Material Definitive Agreement GATX Corporation (“GATX”) entered into an Underwriting Agreement (the “Underwriting Agreement”), with BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters listed therein (collectively, the “Underwriters”), dated September 6, 2023, pursuant to which GATX agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, $300,000,000 aggregate principal amount of 6.050% Senior Notes due 2034 (the “Notes”), as described in the prospectus supplement, dated September 6, 2023 (the “Prospectus Supplement”), filed pursuant to GATX’s shelf registration statement on Form S-3, Registration No.”
Material Agreements
GATX CORP entered into Underwriting Agreement with BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters valued at $300,000,000 aggregate principal amount of 6.050% Senior Notes due 2034 (effective 2023-09-06).
“GATX Corporation (“GATX”) entered into an Underwriting Agreement (the “Underwriting Agreement”), with BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters listed therein (collectively, the “Underwriters”), dated September 6, 2023, pursuant to which GATX agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, $300,000,000 aggregate principal amount of 6.050% Senior Notes due 2034”
Shelley J. Bausch was elected as Director at GATX CORP.
“On July 28, 2023, the Board of Directors (the “Board”) of GATX Corporation (the “Company”) elected Shelley J. Bausch as a director”
“we expect our 2023 full-year earnings to be at the upper end of or modestly exceed our previously announced guidance range of $6.50–$6.90 per diluted share”
Earnings Releases
GATX CORP reported first six months of 2023 results: net income $140.7 million, EPS $3.87 per diluted share.
“Net income for the first six months of 2023 was $140.7 million, or $3.87 per diluted share”
Earnings Releases
GATX CORP reported 2023 second-quarter results: net income $63.3 million, EPS $1.74 per diluted share.
“GATX Corporation (NYSE: GATX) today reported 2023 second-quarter net income of $63.3 million, or $1.74 per diluted share”
Material Agreements
GATX CORP amended Credit Agreement with Citibank, N.A. valued at $564,705,882 (effective 2023-05-19).
“On May 19, 2023, Citibank confirmed receipt of the Extension Notice by all lenders and that the Extending Lenders have agreed that $564,705,882 of the total $600,000,000 facility under the Credit Agreement has been extended by one year to May 21, 2028.”
Debt Financings
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.
“☐ 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.”
Material Agreements
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).
“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”),”
Shareholder Votes
GATX CORP shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2023-04-28 meeting.
“Proposal 4 - Ratification of the Appointment of Independent Registered Public Accounting Firm The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, by the following vote: For Against Abstain Broker Non-Votes 32,092,586 1,334,358 40,105 —”
Shareholder Votes
GATX CORP shareholders approved Advisory Resolution on Executive Compensation at the 2023-04-28 meeting.
“Proposal 2 - Advisory Resolution on Executive Compensation The shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers (referred to as a “Say-on-Pay” vote), by the following vote: For Against Abstain Broker Non-Votes 31,218,298 944,512 79,996 1,224,243”
Shareholder Votes
GATX CORP shareholders approved Election of Directors at the 2023-04-28 meeting.
“Proposal 1 - Election of Directors Each of the eight individuals named below was elected to serve on the Company's Board of Directors (the "Board") until the Company's 2024 annual meeting of shareholders and until his or her successor shall have been duly elected and qualified, or until his or her earlier death or resignation, by the following vote: Name For Against Abstain Broker Non-Votes Diane M. Aigotti 31,720,878 492,047 29,881 1,224,243 Anne L. Arvia 30,973,201 1,240,746 28,859 1,224,243 Robert C. Lyons 30,983,526 1,229,659 29,621 1,224,243 James B. Ream 30,378,578 1,831,158 33,070 1,224,243 Adam L. Stanley 31,701,004 511,714 30,088 1,224,243 David S. Sutherland 30,530,191 1,688,910 23,705 1,224,243 Stephen R. Wilson 31,708,727 490,771 43,308 1,224,243 Paul G. Yovovich 30,609,326 1,589,487 43,993 1,224,243”
Earnings Releases
GATX CORP reported first quarter of 2023 results: net income $77.4 million, EPS $2.16 per diluted share. Guidance reaffirmed.
“GATX Corporation (NYSE:GATX) today reported 2023 first-quarter net income of $77.4 million, or $2.16 per diluted share, compared to net income of $75.8 million, or $2.10 per diluted share, in the first quarter of 2022.”
“Company initiates 2023 earnings guidance of $6.50–$6.90 per diluted share”
Earnings Releases
GATX CORP reported full-year 2022 results: net income $155.9 million, EPS $4.35 per diluted share.
“Net income for the full-year 2022 was $155.9 million or $4.35 per diluted share”
Earnings Releases
GATX CORP reported 2022 fourth-quarter results: net income $48.4 million, EPS $1.36 per diluted share.
“GATX Corporation (NYSE: GATX) today reported 2022 fourth-quarter net income of $48.4 million or $1.36 per diluted share”
Governance Changes
GATX CORP: Amended and restated the Amended and Restated By-Laws to address universal proxy rules and other corporate governance clarifications (effective 2022-10-28).
“On and effective October 28, 2022, the board of directors (the “Board”) amended and restated the existing Amended and Restated By-Laws (as amended and restated, the “By-Laws”) of GATX Corporation (the “Company”).”
Brian L. Glassberg was appointed as executive vice president, general counsel and corporate secretary at GATX CORP.
“Brian L. Glassberg, currently deputy general counsel of GATX, has been appointed executive vice president, general counsel and corporate secretary effective December 1, 2022.”
Deborah A. Golden departed as executive vice president, general counsel and corporate secretary at GATX CORP.
“On September 16, 2022, Deborah A. Golden, executive vice president, general counsel and corporate secretary of GATX Corporation (the “Company” or “GATX”), notified the Company of her decision to retire effective November 30, 2022.”
N. Gokce Tezel changed role as Executive Vice President, President - Rail International at GATX CORP.
“As previously reported on June 30, 2022, effective October 1, 2022, N. Gokce Tezel, Executive Vice President of GATX Corporation (the “Company” or “GATX”) and President - Rail International, will become a Strategic Advisor to GATX Chief Executive Officer Robert C. Lyons and other senior leaders of GATX through June 30, 2023 or Mr. Tezel’s earlier voluntary resignation (the “Term”).”
N. Gokce Tezel changed role as Strategic Advisor at GATX CORP.
“effective October 1, 2022, N. Gokce Tezel, Executive Vice President of GATX and President - Rail International, will become a Strategic Advisor to GATX Chief Executive Officer Robert C. Lyons and other senior leaders of GATX through June 30, 2023 or Mr. Tezel’s earlier voluntary resignation.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.