GATX Corp Enters Material Definitive Agreement
Ticker: GATX · Form: 8-K · Filed: Feb 6, 2025 · CIK: 40211
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
Related Tickers: GATX
TL;DR
GATX just signed a big deal, creating a new financial obligation.
AI Summary
On February 4, 2025, GATX Corporation entered into a material definitive agreement, creating a direct financial obligation. The filing does not specify the exact nature or dollar amount of this obligation, but it is a significant event requiring disclosure.
Why It Matters
This filing indicates GATX Corporation has entered into a new, significant financial commitment that could impact its balance sheet and future financial obligations.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement and creating a direct financial obligation can introduce new risks related to the terms and execution of that agreement.
Key Players & Entities
- GATX Corporation (company) — Registrant
- February 4, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by GATX Corporation?
The filing states that GATX Corporation entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What is the direct financial obligation created by GATX Corporation?
The filing indicates the creation of a direct financial obligation, but the exact amount and terms are not specified in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on February 4, 2025.
What is GATX Corporation's standard industrial classification?
GATX Corporation's standard industrial classification is Transportation Services [4700].
Where is GATX Corporation headquartered?
GATX Corporation is headquartered at 233 South Wacker Drive, Chicago, Illinois 60606-7147.
Filing Stats: 771 words · 3 min read · ~3 pages · Grade level 10.1 · Accepted 2025-02-06 16:05:14
Key Financial Figures
- $500,000,000 — terms and conditions set forth therein, $500,000,000 aggregate principal amount of 5.500% Se
- $300,000,000 — r Notes due 2035 (the "2035 Notes") and $300,000,000 aggregate principal amount of 6.050% Se
- $400,000,000 — ies with and have the same terms as the $400,000,000 aggregate principal amount of 2054 Note
- $700,000,000 — mpletion of this offering, an aggregate $700,000,000 of GATX's 2054 Notes will be outstandin
Filing Documents
- d915887d8k.htm (8-K) — 29KB
- d915887dex11.htm (EX-1.1) — 133KB
- d915887dex41.htm (EX-4.1) — 47KB
- d915887dex42.htm (EX-4.2) — 46KB
- d915887dex51.htm (EX-5.1) — 11KB
- g915887g0206094819717.jpg (GRAPHIC) — 3KB
- 0001193125-25-021770.txt ( ) — 484KB
- gatx-20250204.xsd (EX-101.SCH) — 4KB
- gatx-20250204_def.xml (EX-101.DEF) — 13KB
- gatx-20250204_lab.xml (EX-101.LAB) — 21KB
- gatx-20250204_pre.xml (EX-101.PRE) — 14KB
- d915887d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. 1.1* Underwriting Agreement, dated February 4, 2025, between GATX and BofA Securities, Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein. 4.1 Form of 5.500% Senior Notes due 2035. 4.2 Form of 6.050% Senior Notes due 2054. 5.1 Opinion of Mayer Brown LLP as to the validity of the securities being offered. 23.1 Consent of Mayer Brown LLP (contained in Exhibit 5.1 hereto). 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. * Certain exhibits omitted pursuant to Item 601(a)(5) of Regulation S-K. GATX agrees to furnish supplementally a copy of any omitted exhibit to the Securities & Exchange Commission upon request; provided, however, that GATX may request confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended, for any schedules or exhibits so furnished. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. GATX CORPORATION (Registrant) /s/ Thomas A. Ellman Thomas A. Ellman Executive Vice President, Chief Financial Officer Date: February 6, 2025