Filed Pursuant to Rule 433
RegistrationNo. 333-213160
November 2, 2017
GATX Corporation
$200,000,000 Floating Rate Notes due November 2021
Final Term Sheet
Issuer: | GATX Corporation | |
Expected Ratings (Moody’s / S&P)*: | Baa2/BBB (Stable/Stable) | |
Security Type: | Senior unsecured notes (collectively, the “Notes”) | |
Principal Amount: | $200,000,000 | |
Trade Date: | November 2, 2017 | |
Settlement Date (T+2): | November 6, 2017 | |
Maturity: | November 5, 2021 | |
Interest Payment Dates: | February 5, May 5, August 5 and November 5 of each year, commencing on February 5, 2018 | |
Public Offering Price: | 100%, plus accrued and unpaid interest, if any, from November 6, 2017 | |
Base Rate: | LIBOR (Bloomberg L.P. Page “BBAM” or Reuters equivalent) | |
Index Maturity: | Three-month | |
Spread to LIBOR: | 72 basis points | |
Initial Interest Rate: | Three-month LIBOR, determined as of two London banking days prior to the settlement date or the relevant interest reset date, as applicable, plus 0.72% per annum | |
Interest Determination Dates: | The second London Business Day immediately preceding the first day of such interest period, commencing on February 1, 2018 (the second London banking day preceding February 5, 2018) | |
Record Dates: | January 15, April 15, July 15 and October 15 | |
Optional Redemption: | The Notes will not be redeemable prior to maturity | |
Minimum Denomination: | $1,000 x $1,000 | |
CUSIP / ISIN: | 361448 BB8 / US361448BB85 | |
Day Count Convention: | Actual / 360 | |
Calculation Agent: | U.S. Bank National Association | |
Sole Book-Runner: | Morgan Stanley & Co. LLC | |
SeniorCo-Managers: | Citigroup Global Markets Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
Investing in the Notes involves a number of risks. See “Risk Factors” beginning on pageS-1 of the preliminary prospectus supplement.
* 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 website atwww.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 Morgan Stanley & Co. LLC toll free at1-866-718-1649.
