Invictus Global Management Comments on Capital Senior Living Scare Tactics

AUSTIN, Texas, Oct. 13, 2021 /PRNewswire/ -- Invictus Global Management, LLC (together with its affiliates, "Invictus"), one of the largest shareholders of Capital Senior Living Corporation ("CSU" or the "Company") (NYSE: CSU), today provided the following commentary in response to recent claims by the Company that it will be sent "down the path of insolvency" if CSU shareholders do not support its highly dilutive financing with Conversant Capital:

"As we have been saying for weeks, Invictus stands ready, willing and able to provide capital to CSU without conditions (other than customary documentation) or diligence. That initial tranche of capital will ensure the Company can extend its near-term maturities and execute an optimal, long-term financing arrangement that minimizes dilution and cost to shareholders, while at the same time providing operating flexibility for the business.

Read more at prnewswire.com