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Fitch Affirms and Withdraws GATX's Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch has affirmed and simultaneously withdrawn the Issuer Default Rating (IDR) and various debt ratings of GATX Corporation and GATX Financial Corporation (GATX). The ratings of the issuer and debt instruments are no longer considered by Fitch to be relevant to the agency's coverage. A full list of rating actions is at the end of this release. The affirmations reflect that there have been no material changes to GATX's financial condition since Fitch's last rating affirmations on Sept. 12, 2012 in connection with Fitch's peer review of large equipment lessors.

Fitch has affirmed the following ratings and simultaneously withdrawn them:

GATX Corporation:

--Long-term issuer default rating at 'BBB', Outlook 'Stable';

--Short-term issuer default rating at 'F2';

--Senior unsecured debt at 'BBB';

--Commercial paper at 'F2'.

GATX Financial Corporation:

--Senior unsecured debt at 'BBB'.

Additional information is available at 'www.fitchratings.com'. The ratings above were unsolicited and have been provided by Fitch as a service to investors.

Applicable Criteria and Related Research:

--'Global Financial Institutions Rating Criteria', dated Aug. 15, 2012;

--'Finance and Leasing Companies Criteria', dated Dec. 12, 2011;

--'Fitch Affirms Large Equipment Lessor Ratings Following Peer Review; Outlook Stable', dated Sep. 12, 2012.

Applicable Criteria and Related Research:

Global Financial Institutions Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686181

Finance and Leasing Companies Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=659834

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Fitch Ratings
Primary Analyst
Meghan Neenan, CFA, +1-212-908-9121
Senior Director
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Katherine Hughes, +1-312-368-3123
Associate Director
or
Committee Chairperson
Nathan Flanders, +1-212-908-0827
Managing Director
or
Media Relations
Brian Bertsch, +1-212-908-0549 (New York)
brian.bertsch@fitchratings.com

Source: Fitch Ratings