GATX Corporation filed an 8-K on November 6, 2026, disclosing the sale of $300,000,000 aggregate principal amount of 5.950% Senior Notes due 2036 under an Underwriting Agreement dated November 2, 2026.

Key Highlights

  • Offering size: $300,000,000 aggregate principal amount of Senior Notes
  • Coupon rate: 5.950% with maturity in 2036
  • Underwriters: BofA Securities, Inc., Citigroup Global Markets Inc., and Morgan Stanley & Co. LLC served as representatives of the several underwriters
  • Agreement date: Underwriting Agreement dated November 2, 2026
  • Settlement date: Notes issued and delivered against payment on November 6, 2026
  • Indenture trustee: U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, under an Indenture dated February 6, 2008
  • Shelf registration: Issued pursuant to GATX's shelf registration statement on Form S-3, Registration No. 333-286436

GATX Corporation Prices $300 Million Senior Note Offering at 5.950% with 2036 Maturity

According to the filing, GATX Corporation (NYSE:GATX) entered into an Underwriting Agreement on November 2, 2026, with BofA Securities, Inc., Citigroup Global Markets Inc., and Morgan Stanley & Co. LLC acting as representatives of the several underwriters. Under that agreement, GATX agreed to sell, and the underwriters agreed to purchase, $300,000,000 aggregate principal amount of 5.950% Senior Notes due 2036, subject to the terms and conditions set forth in the agreement.

The company disclosed that the Notes were issued under the Indenture dated as of February 6, 2008, between GATX and U.S. Bank Trust Company, National Association, as trustee and successor in interest to U.S. Bank National Association, together with an officers' certificate providing for the issuance of the Notes. The offering was made pursuant to a prospectus supplement dated November 2, 2026, filed under GATX's shelf registration statement on Form S-3, Registration No. 333-286436. The company reported that the Notes were issued and delivered to the underwriters against payment on November 6, 2026.

The filing notes that the description of the Underwriting Agreement provided in the 8-K "is a summary and is not complete" and is "qualified by reference to the terms of the full Underwriting Agreement." The 8-K was signed by Thomas A. Ellman, Executive Vice President and Chief Financial Officer, on November 6, 2026. The filing also triggered disclosure under Item 2.03, Creation of a Direct Financial Obligation, which refers back to the terms described in Item 1.01.

What Was Disclosed

GATX Corporation disclosed the execution of an Underwriting Agreement and the issuance of $300,000,000 in 5.950% Senior Notes due 2036, settled on November 6, 2026, with BofA Securities, Citigroup Global Markets, and Morgan Stanley acting as underwriter representatives.