On March 12, 2026, GATX Corporation, through its joint venture GABX Leasing LLC, successfully issued $500 million of 4.625% Senior Notes due 2031 and $500 million of 5.300% Senior Notes due 2036. This issuance is part of a strategic move to enhance liquidity and manage existing debt obligations. The notes were sold exclusively to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S. The net proceeds from this offering, estimated at approximately $989.5 million, will be utilized to repay a portion of the term loan outstanding under the Issuer's credit agreement. The 2031 Notes will bear interest payable semi-annually, with a maturity date set for April 15, 2031, while the 2036 Notes will mature on April 15, 2036. This financing initiative is expected to strengthen GATX's financial position and provide flexibility for future growth opportunities.

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