Cap Lease Funding Prices Stock Offering

Capital Lease Funding, New York, has priced a public offering of 5 million shares of its common stock at $10.55 per share.The company said it has granted the underwriters an option to buy up to 750,000 additional shares to cover any overallotments. The joint book-running managers for the offering are Friedman Billings Ramsey and Wachovia Securities.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS