CapitalSource renews 2 credit facilities
By
Associated Press
May 12, 2008
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Commercial lender CapitalSource Inc. said Monday it has renewed two secured credit facilities totaling $1.38 billion.
Both credit lines, which are managed by Citi, will mature on March 31, 2009, subject to an additional one-year amortization period.
Shares of CapitalSource rose 18 cents to $15.03 in morning trading.