Nachrichten December 14, 2020

GATX Corporation’s $500 Million Delayed-Draw Term Loan Facility

Shearman advised Bank of America, N.A., as Administrative Agent, on a $500 million delayed-draw term loan facility for GATX Corporation to finance general corporate purposes. 

GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets worldwide. The company operates through four segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (ASC). It leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.

The Team