Broker Center sponsored links

REFILE-CapitalSource renews $1 bln secured credit facility

Mon Apr 28, 2008 2:06pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

(Refiles to attach headline)

April 28 (Reuters) - CapitalSource Inc (CSE.N: Quote, Profile, Research, Stock Buzz) 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)

 

Featured Broker sponsored link

Editor's Choice

Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters