HORSHAM, Pa.--(BUSINESS WIRE)--Capmark Financial Group Inc. (the “Company”) today announced that it has received the requisite consents from the holders of a majority of the voting power of its stockholders approving the proposed amendment and restatement of the Company’s articles of incorporation (as proposed to be amended and restated, the “Amended Articles”), pursuant to the Company’s previously announced consent solicitation dated March 26, 2014.
The Company sought the approval of the Amended Articles in connection with the previously announced investment agreement with Centerbridge Capital Partners II, L.P. and certain of its affiliated funds. The Company anticipates closing the investment agreement in the near term subject to fulfillment of the remaining closing conditions.
Capmark is a real estate finance company focused on the management of its commercial real estate-related assets and businesses with a view to maximizing their value. Capmark is headquartered in Horsham, Pennsylvania and operates principally in North America. For additional information visit the Company’s website at www.capmark.com.
Certain statements in this release may constitute forward-looking statements. These statements are based on management’s current expectations and beliefs but are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements are made only as of the date of this release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with regard thereto or changes in events, conditions, or circumstances on which any such statement is based.