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CAPSTEAD MORTGAGE CORPORATION ANNOUNCES FILING OF $500 MILLION SHELF REGISTRATION STATEMENT

 DALLAS, May 10 /PRNewswire/ -- On May 6, 1993 Capstead Mortgage Corporation (NYSE: CMO) filed a $500 million shelf registration statement with the Securities and Exchange Commission for the issuance of (i) common stock, (ii) preferred stock, (iii) debt securities, and (iv) warrants. This shelf registration statement provides for the issuance, from time to time, of one or more of the foregoing securities to raise proceeds for general corporate purposes. The company does not have any immediate plans for the issuance of securities off this shelf registration statement.
 Capstead Mortgage Corporation invests in long-term, single-family residential mortgages for the purpose of offering investors the opportunity to participate in the income generated from the management of a portfolio of mortgage loans utilizing pooling and the issuance of collateralized mortgage obligations and other portfolio strategies.
 -0- 5/10/93
 /CONTACT: Ronn K. Lytle, 214-999-2301, or Andrew F. Jacobs, 214-999-2350, both of Capstead Mortgage/
 (CMO)


CO: Capstead Mortgage Corporation ST: Texas IN: FIN SU:

16:43 -- NY102 -- 6682 05/10/93 16:57 EDT
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Publication:PR Newswire
Date:May 10, 1993
Words:170
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