CHEVY CHASE, Md., June 19 /PRNewswire-FirstCall/ -- CapitalSource Inc.
(NYSE: CSE) announced today that it plans a public offering of approximately
30 million shares of its common stock.
'This is a 'play offense' capital raise,' said John K. Delaney,
CapitalSource Chairman and CEO. 'With the recent regulatory approval of
CapitalSource Bank (in organization), we are well positioned to seize
opportunities in the current favorable market conditions.'
The joint book-running managers for the offering are J.P. Morgan
Securities Inc. and Wachovia Securities.
A shelf registration statement relating to the shares in this offering has
been filed with the Securities and Exchange Commission and has become
effective.
This press release does not constitute an offer to sell or a solicitation
of an offer to buy the offered shares, and none of these shares may be sold in
any state in which such an offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state.
The offering may be made only by means of a prospectus and a related
preliminary prospectus supplement, copies of which may be obtained when
available from J.P. Morgan Securities Inc., 4 Chase Metrotech Center, CS
Level, Brooklyn, NY 11245, Attention: Prospectus Department; telephone: (718)
242-8002, or e-mail at addressing.services@jpmorgan.com; or Wachovia
Securities at 375 Park Avenue, New York, NY 10152,
equity.syndicate@wachovia.com.
About CapitalSource
CapitalSource (NYSE: CSE) is a leading commercial lending, investment and
asset management business focused on the middle market. CapitalSource manages
an asset portfolio, which as of March 31, 2008 was approximately $19.85
billion. Headquartered in Chevy Chase, Maryland, the Company had 535 employees
as of March 31, 2008 in offices across the U.S. and in Europe. For more
information, visit http://www.capitalsource.com .
Forward Looking Statements
This release contains 'forward-looking statements' within the meaning of
the Private Securities Litigation Reform Act of 1995.
