CHICAGO, Aug. 1 /PRNewswire/ -- GATX Corporation (NYSE: GMT) today
announced that it has completed its previously announced realignment of the
legal structure of its subsidiary companies. The new structure combined
GATX's two principal operations, GATX Rail and GATX Capital, into a single
legal entity, GATX Financial Corporation. GATX Rail and GATX Capital now are
divisions of GATX Financial Corporation. GATX expects that this new single
entity structure will result in greater scale and liquidity in the capital
markets and lower relative funding costs.
The new structure will not affect GATX Corporation's strategic direction,
current reporting segments, day-to-day operations, or management structure.
GATX Corporation is a specialized finance and leasing company. It
uniquely combines asset knowledge and services, structuring expertise,
creative partnering and risk capital to provide business solutions to
customers and partners worldwide. GATX specializes in railcar and locomotive
leasing, aircraft operating leasing, information technology leasing, venture
finance and diversified finance.
Investor, corporate information and press releases may be found at
http://www.gatx.com . A variety of current financial information, historical
financial information, press releases and photographs are available at this
site. GATX press releases may be obtained by accessing PR Newswire's Company
News On-Call's automated fax service at 800-758-5804. The company
identification number for GATX is 105121.
SOURCE GATX Corporation
 back to top
Related links:
http://www.gatx.com
Company News On-Call:
http://www.prnewswire.com/comp/105121.html
CONTACT:
George Lowman, +1-312-621-6599, Robert C.
Lyons, +1-312-621-6633, both of GATX Corporation
|
