Allied Capital redeems $300.58 million of 6 5/8% notes at 102.0607

By Melissa Kory

Cleveland, March 17 - Allied Capital Corp. said it redeemed its $300,584,000 of 6 5/8% notes due July 15, 2011.

The notes were redeemed on March 16 at 102.0607.

Bank of New York Mellon was the redemption agent.

Allied Capital is a Washington D.C.-based business development company.

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