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Last updated: May 4, 2005  01:58pm
Allied Capital Securities Sale Yields $976M

WASHINGTON, DC-Allied Capital Corp. wraps up the disposition of its commercial mortgage-backed securities and collateralized debt obligation bonds portfolio to Caisse de dépôt et placement du Québec, walking away with $976 million. The company expects to ultimately realize a gain of $216 million from the deal.

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