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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1 TO
FORM N-54C
NOTIFICATION OF WITHDRAWAL OF ELECTION TO BE SUBJECT TO
SECTIONS 55 THROUGH 65 OF THE INVESTMENT COMPANY ACT OF 1940
FILED PURSUANT TO SECTION 54(c) OF THE INVESTMENT COMPANY ACT OF 1940
The undersigned business development company hereby notifies the Securities
and Exchange Commission that it withdraws its election to be subject to sections
55 through 65 of the Investment Company Act of 1940 (the "Act"), pursuant to the
provisions of section 54(c) of the Act, and in connection with such notice of
withdrawal of election submits the following information:
Name: ALLIED CAPITAL CREDIT CORPORATION
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c/o Allied Capital Advisers, Inc.,
1666 K Street, N.W., Ninth Floor,
Address of Principal Business Office Washington, DC 20006-2803
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(No. & Street, City, State, Zip Code)
Telephone Number (including area code): 202-331-1112
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File Number under the Securities Exchange Act of 1934: 814-00135; 0-21437
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Basis for filing the notification of withdrawal:
Allied Capital Credit Corporation merged with and into its
parent, Allied Capital Lending Corporation ("Allied Lending"). Allied
Lending has elected to be regulated as a business development company
subject to sections 55 through 65 of the Act pursuant to Section 54(a)
of the Act.
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SIGNATURE
Pursuant to the requirements of the Act, the undersigned company has caused
this notification of withdrawal of election to be subject to sections 55 through
65 of the Act to be duly signed on its behalf in the city of Washington and
District of Columbia on the 29th day of December, 1997.
[SEAL] ALLIED CAPITAL CREDIT CORPORATION
By: /s/ Jon A. DeLuca
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Jon A. DeLuca
Principal and
Chief Financial Officer
Attest: /s/ Tricia B. Daniels
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Tricia B. Daniels
Secretary
