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Capital Senior Living files $150M shelf

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Capital Senior Living files $150M shelf

Capital Senior Living Corp. aims to sell up to a total of $150.0 million of its securities from time to time.

The company filed a shelf registration statement covering the sale of debt securities, common stock, preferred stock, depositary shares, warrants, rights, purchase contracts and units.

Capital Senior Living plans to use the net proceeds for general corporate purposes, which may include acquisitions, CapEx, working capital, payment of corporate obligations including debt repayment and refinancing, investments in its subsidiaries, investments in existing or future projects and repurchasing or redeeming its securities.