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

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