CHEVY CHASE, Md., July 10 /PRNewswire-FirstCall/ -- CapitalSource Inc. (NYSE:
CSE) today announced that it plans a public offering of approximately 17.5
million shares of its common stock.
The book-running manager for the offering is Credit Suisse Securities (USA)
LLC.
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 Credit Suisse Securities (USA) LLC, Attention: Prospectus
Department, One Madison Avenue, New York, NY 10010. Telephone: (800)-221-1037.
About CapitalSource
CapitalSource Inc. (NYSE: CSE) is a commercial lender that provides financial
products to middle market businesses and offers depository products and
services in southern and central California through its wholly owned
subsidiary CapitalSource Bank. As of March 31, 2009, CapitalSource had total
commercial assets of $11.4 billion and $4.7 billion in deposits. The Company
is headquartered in Chevy Chase, MD. Visit www.capitalsource.com for more
information.
Forward Looking Statements
This release contains "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, including certain plans,
expectations and statements about our syndicated bank facility, our liquidity
and operations, and our intentions with respect to raising capital and making
payments under the syndicated bank facility, all of which are subject to
numerous assumptions, risks, and uncertainties. All statements contained in
this release that are not clearly historical in nature are forward-looking,
and the words "anticipate," "assume," "intend," "believe," "expect,"
"estimate," "plan," "goal," "will," "outlook," "continue," "look forward,"
"should," and similar expressions are generally intended to identify
forward-looking statements. All forward-looking statements (including
statements regarding future financial and operating results and future
transactions and their results) involve risks, uncertainties and
contingencies, many of which are beyond our control which may cause actual
results, performance, or achievements to differ materially from those that are
anticipated. Actual results, performance, actions or achievements could
differ materially from those contained or implied by such statements for a
variety of factors, including without limitation, those described in the
CapitalSource 2008 Annual Report on Form 10-K and documents subsequently filed
by CapitalSource with the Securities and Exchange Commission. All
forward-looking statements included in this release are based on information
available at the time of the release. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter our forward-looking
statements, whether as a result of new information, future events or
otherwise, except as required by applicable law.
SOURCE CapitalSource Inc.
Investor Relations, Dennis Oakes, Senior Vice President Investor Relations,
+1-212-321-7212, doakes@capitalsource.com, or Media Relations, Michael Weiss,
Director of Communications, +1-301-841-2918, mweiss@capitalsource.com, both of
CapitalSource Inc.
