Filed Pursuant to Rule 433
Registration No. 333-145521
April 27, 2009
Registration No. 333-145521
April 27, 2009
PRICING TERM SHEET
April 27, 2009
GATX Corporation 8.750% Senior Notes due 2014
Issuer: | GATX Corporation | |
Security: | 8.750% Senior Notes due 2014 | |
Size: | $300,000,000 | |
Maturity Date: | May 15, 2014 | |
Coupon: | 8.750% | |
Interest Payment Dates: | May 15 and November 15, commencing November 15, 2009 | |
Price to Public: | 98.996% | |
Benchmark Treasury: | UST 1.750% due March 31, 2014 | |
Benchmark Treasury Yield: | 1.858% | |
Spread to Benchmark Treasury: | +714.2 bps | |
Yield: | 9.000% | |
Make-Whole Spread: | T+50 bps | |
Expected Settlement Date: | April 30, 2009 (T+3) | |
CUSIP/ISIN: | 361448 AG8 / US361448AG81 | |
Anticipated Ratings: | Baa1 (stable) by Moody’s Investors Service, Inc. | |
| BBB+ (stable) by Standard & Poor’s Ratings Services | ||
Joint Book-Running Managers: | Banc of America Securities LLC | |
| Citigroup Global Markets Inc. | ||
Lead Manager: | U.S. Bancorp Investments, Inc. | |
Co-Managers: | KeyBanc Capital Markets | |
| Loop Capital Markets, LLC |
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 Banc of America Securities LLC toll free at 1-800-294-1322 or Citigroup Global Markets Inc. at 1-877-858-5407.