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New Issue-Texas Capital Bancshares sells $100 mln notes

Tue Sep 18, 2012 2:25pm EDT

Sept 18 (Reuters) - Texas Capital Bancshares, Inc. 
on Tuesday sold $100 million of subordinated notes, said market
sources. 
    Deutsche Bank, US Bancorp, and Macquarie Capital were the
joint bookrunning managers for the sale.

BORROWER: TEXAS CAPITAL BANCSHARES, INC. 

AMT $100 MLN    COUPON 6.5 PCT     MATURITY    09/21/2042
TYPE SUB NTS    ISS PRICE 25       FIRST PAY   12/21/2012
MOODY'S Ba1     YIELD N/A          SETTLEMENT  09/21/2012   
S&P BB-PLUS     SPREAD N/A         PAY FREQ    QUARTERLY
FITCH N/A                          CALLABLE    09/21/2017
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