Shearman And Sterling

News May 23, 2022

GATX Corporation $850 Million Amended Revolving Credit Facilities

Shearman & Sterling advised Citibank, N.A., as Administrative Agent, on amendments to GATX Corporation’s existing $600 million five-year revolving credit facility and $250 million three-year revolving credit facility to finance general corporate purposes.

GATX Corporation operates as railcar leasing company in the United States and internationally. The company operates through three segments: Rail North America, Rail International, and Portfolio Management. It leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

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