CapLease, Inc. (LSE) announced that it is commencing a public offering of 6.5 million shares of its common stock. CapLease intends to use the net proceeds of the offering for general corporate purposes, which is expected to primarily include funding real property acquisitions in its pipeline.
CapLease said it intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 975,000 shares of its common stock to cover over-allotments, if any.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.