E*TRADE Financial Corp. has filed an automatic shelf registration statement related to the sale of certain securities from time to time.
The securities include common stock, preferred stock, depositary shares, debt securities, warrants, purchase contracts and units.
The company intends to use the net proceeds from the sale of the securities for working capital and general corporate purposes, including, but not limited to, repayment of indebtedness, funding its operations and financing CapEx.
The company may also invest the proceeds in certificates of deposit, U.S. government securities or certain other interest-bearing securities.