Filed Pursuant to Rule 433
Registration No. 333-168879
November 16, 2010
PRICING TERM SHEET
GATX Corporation 3.500% Senior Notes due 2016
| | | |
|
Issuer: | | GATX Corporation |
| | | |
Security: | | 3.500% Senior Notes due 2016 |
| | | |
Size: | | $250,000,000 |
| | | |
Maturity Date: | | July 15, 2016 |
| | | |
Coupon: | | 3.500% |
| | | |
Interest Payment Dates: | | January 15 and July 15, commencing July 15, 2011 |
| | | |
Price to Investors: | | 99.912% |
| | | |
Benchmark Treasury: | | UST 1.250% due October 31, 2015 |
| | | |
Benchmark Treasury Yield: | | 1.516% |
| | | |
Spread to Benchmark Treasury: | | 200 bps |
| | | |
Make-Whole Spread (used to calculate Make-Whole Amount): | | 30 bps |
| | | |
Expected Settlement Date: | | November 19, 2010 (T+3) |
| | | |
CUSIP/ISIN: | | 361448 AK9 / US361448AK93 |
| | | |
Anticipated Ratings: | | Baa1 (stable outlook) by Moody’s Investors Service, Inc. |
| | | BBB (stable outlook) by Standard & Poor’s Ratings Services |
| | | |
Joint Book-Running Managers: | | Citigroup Global Markets Inc. |
| | | Merrill Lynch, Pierce, Fenner & Smith Incorporated |
| | | |
Co-Managers: | | KeyBanc Capital Markets Inc. |
| | | Loop Capital Markets LLC |
| | | Mizuho Securities USA Inc. |
| | | PNC Capital Markets LLC |
| | | The Williams Capital Group, L.P. |
| | | U.S. Bancorp Investments, Inc. |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free Citigroup Global Markets Inc. at 1-877-858-5407 or Merrill Lynch, Pierce, Fenner & Smith Incorporated at
1-800-294-1322.
