Brief: GATX Corporation And Brookfield Infrastructure To Acquire Wells Fargo’S Rail Assets

Brookfield Infrastructure Partners LP

29/05/2025 22:24

May 29 (Reuters) - GATX Corp GATX.N:

GATX CORPORATION AND BROOKFIELD INFRASTRUCTURE TO ACQUIRE WELLS FARGO’S RAIL ASSETS

GATX CORP - TO BUY 105,000 RAILCARS FOR $4.4 BILLION

GATX CORP - JOINT VENTURE TO BUY 105,000 RAILCARS FROM WELLS FARGO

GATX CORP - TO HOLD 30% INITIAL EQUITY IN JOINT VENTURE

GATX CORP - TO CONTRIBUTE $400 MILLION IN INITIAL EQUITY

GATX CORP - JOINT VENTURE SECURES $3.2 BILLION TERM LOAN AND $250 MILLION CREDIT FACILITY

Source text: ID:nBw8H2nPca

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