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Wachovia to bring next medium business loan deal

MCG Capital Corp. is planning to securitize approximately $350 million in loans to small and middle market U.S. businesses, via Wachovia Securities, formerly First Union Securities (see ASR 7/16/01, p. 4).

This hybrid small business deal/CLO will be the second such term deal off Wachovia's "medium business loan" securitization...

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