CapitalSource, a Chevy Chase, Md.-based real estate investment trust, has priced a privately placed securitization of $782.25 million of debt.The proceeds from the offering, CapitalSource Commercial Loan Trust 2006-1, were used to repay borrowings under some of its credit facilities, the company said. The interest rates on the different classes of the offering range from 12 basis points above the one-month London interbank offered rate to LIBOR plus 130 bps. CapitalSource retained 8.5% of the pool, which consisted of senior and subordinated commercial loans from the company's portfolio. CapitalSource can be found online at http://www.capitalsource.com.

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