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CapitalSource Prices 17.5 Million Common Shares

July 15, 2009 (FinancialWire) — CapitalSource Inc. (NYSE: CSE) has priced an offering of 17.5 million shares of its common stock at $4.10 per share. Credit Suisse Securities (NYSE: CS), J.P. Morgan Securities (NYSE: JPM), Citi (NYSE: C) and Wells Fargo Securities are serving as joint book-running managers.

The company has granted the underwriters a 30-day option to purchase an additional 2.625 million shares to cover over-allotments.

Chevy Chase, Maryland-based CapitalSource is a commercial lender that provides financial products to middle market businesses and offers depository products and services in southern and central California through its wholly owned subsidiary CapitalSource Bank.

CapitalSource said it had total commercial assets of $11.4 billion and $4.7 billion in deposits as of March 31.

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