CapitalSource News Archives

“Since CapitalSource will be inheriting $3 billion of cash and short-term investments, which can be used to pay down credit facilities, we believe this transaction greatly reduces liquidity risk over the near term”

On the M&A front, commercial mREIT CapitalSource snagged struggling Fremont General's 22 Southern California bank branches, a move investors initially cheered. via Housing Wire

“It will be a better source of funding over time.”

If borrowing in the capital markets stink, and right now it does, there's always another way to get money: buy a retail bank full of money from folks like you and me. via PE Hub

“CapitalSource was a logical choice as our financing partner because it has a group dedicated to the security industry and was quick to recognize this market opportunity in the fast-growing night vision industry”

CapitalSource has provided a senior credit facility to Relativity Capital to facilitate the majority ownership of NIVISYS Industries, LLC. via Monitor Daily

ArcelorMittal had to sell the mill to settle antitrust concerns. *Another proxy adviser, ISS Governance Services , backed dissidents seeking board seats at Media General of Richmond. via The Washington Post

“BBB-'; --Senior unsecured 'BBB-'. --Senior subordinated 'BB+”

CHICAGO & NEW YORK - Fitch Ratings has affirmed the following ratings of CapitalSource, Inc. via Earth Times

“We look forward to welcoming FIL's retail banking customers and employees to our new bank. CapitalSource will serve as a dependable source of financial strength for them”

CapitalSource Inc. today announced significant, positive developments in its depository strategy. via Huliq.com

CHEVY CHASE, Md. - CapitalSource is acquiring the retail banking operations of Fremont General . via Chicago Tribune

"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." -- Warren Buffett Of all the Oracle of Omaha's orations, this one holds a special place in Foolish ... via Fool.com