GATX Corporation (NYSE:GATX) Files An 8-K Entry into a Material Definitive Agreement

GATX Corporation (NYSE:GATX) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry Into A Material Definitive Agreement

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GATX Corporation (“GATX”) entered into an Underwriting Agreement (the “Underwriting Agreement”), with Citigroup Global Markets Inc. and Morgan Stanley& Co. LLC, as representatives of the several underwriters listed therein (collectively, the “Underwriters”), dated October31, 2017, 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 3.500% Senior Notes due 2028 (the “Notes”), as described in the prospectus supplement, dated October31, 2017 (the “Prospectus Supplement”), filed to GATX’s shelf registration statement on Form S-3, Registration No.333-213160 (the “Registration Statement”).

The Notes will be issued under the Indenture, dated as of February6, 2008, between GATX and U.S. Bank National Association, as trustee, and officers’ certificates providing for the issuance of the Notes. The Underwriters are expected to deliver the Notes against payment on November2, 2017.

Copies of the Underwriting Agreement and other documents relating to this transaction are attached as exhibits to this Current Report on Form 8-K and are incorporated herein by reference.

Item 1.01. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

See Item 1.01

Item 1.01 Financial Statements and Exhibits

EX-1.1 2 d488521dex11.htm EX-1.1 EX-1.1 Exhibit 1.1 EXECUTION VERSION $300,…
To view the full exhibit click here

About GATX Corporation (NYSE:GATX)

GATX Corporation is a railcar lessor, owning fleets in North America, Europe and Asia. The Company operates through four segments: Rail North America, Rail International, American Steamship Company (ASC) and Portfolio Management. Rail North America provides railcars pursuant to full-service leases under which it maintains the railcars, pays ad valorem taxes and insurance, and provides other ancillary services. Rail International comprises the Company’s European operations, GATX Rail Europe (GRE), and a railcar leasing business in India (Rail India), as well as one development-stage affiliate in China. ASC operates a fleet of the United States-flagged vessels on the Great Lakes, providing waterborne transportation of dry bulk commodities, such as iron ore, coal, limestone aggregates and metallurgical limestone. Portfolio Management generates leasing, marine operating, asset remarketing and management fee income through a collection of diversified assets and joint venture investments.

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