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BRIEFLY

December 31, 1987

Campeau Corp. said it has completed the refinancing of $2.1 billion in debt from its purchase of Allied Stores a year ago. Allied Stores now includes the Brooks Bros. and Ann Taylor specialty clothing chains as well as several department store chains. The refinancing includes $1.65 billion in loans from banks led by Security Pacific National Bank and $450 million in real estate loans from Prudential Insurance Co. of America.

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