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REFILE-CapitalSource renews $1 bln secured credit facility

Mon Apr 28, 2008 2:06pm EDT

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April 28 (Reuters) - CapitalSource Inc (CSE.N) said it has renewed a committed, secured credit facility totaling $1 billion with several banking partners to finance real estate loans and real estate-related asset based loans.

The syndicate was comprised of five banks and led by Wachovia Capital Markets LLC with a commitment of $400 million, the company said in a news statement.

The credit facility will mature on April 23, 2010, CapitalSource said. (Reporting by Sweta Singh; Editing by Himani Sarkar)

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