Business & Finance
Business and Finance
Business and Finance
Thu, March 31, 2011
Wed, March 30, 2011 
NEW YORK--([ BUSINESS WIRE ])--CapLease, Inc. (NYSE: LSE)announced today the commencement of a public offering of 10,000,000 shares of its common stock. CapLease intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,500,000 shares of its common stock to cover over-allotments, if any. Citi and Wells Fargo Securities are the joint book-running managers of the offering.
The shares of common stock will be issued pursuant to a registration statement that has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common stock, nor shall there be any sale of such common stock in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
A copy of the prospectus supplement and prospectus relating to the offering may be obtained from Citi, Attention: Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (Telephone number (877) 858-5407) and Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152 (email: [ cmclientsupport@wellsfargo.com ] or telephone (800) 326-5897).
This press release contains statements that are forward-looking. Such forward-looking statements involve risks and uncertainties and actual outcomes may differ materially from those projected. For more information regarding these risks and uncertainties, review CapLeasea™s filings with the Securities and Exchange Commission.
About the Company:
CapLease, Inc. is a real estate investment trust, or REIT, that invests primarily in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants.
