UPDATE 1-CapitalSource says lenders to extend loan maturity date

* To amend and extend bank facility until March 31, 2012

* Expects to fully repay the facility

* Extending lenders to receive $200 mln payment

July 7 (Reuters) - CapitalSource Inc (CSE.N) said lenders holding $778 million of its debt agreed to extend the maturity date by two years for a payment of $200 million.

The company said the maturity date for the debt, a part of its $900 million senior secured syndicated bank facility, would be extended to March 31, 2012.

The extending lenders will receive a $300 million payment, if they have to share their collateral with a new financing source, the company said.

The company said it would use proceeds from a senior secured bond offering, available cash or other forms of financing to make the payment.

The lenders who are not extending the maturity date will not receive any payment. All amounts owed to them will continue to be due by March 13, 2010.

Chevy Chase, Maryland-based CapitalSource, which transformed itself from a real estate investment trust to a bank in January, expects to fully repay the facility by the end of the newly extended term.

Shares of the company closed at $4.45 Tuesday on the New York Stock Exchange. They have risen about five-fold since touching 52-week low of $0.90 in March. (Reporting by Abhinav Sharma in Bangalore; Editing by Ratul Ray Chaudhuri)