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PMC CAPITAL CLOSES $20 MILLION PRIVATE PLACEMENT

 DALLAS, July 20 /PRNewswire/ -- PMC Capital, Inc. (AMEX: PMC) announces that it has concluded a $20 million private placement of Senior Notes due July 2001 with a coupon rate of 7.2 percent, through its agent, SunTrust Corporate Finance. These borrowings are intended to be utilized to fund existing commitments. PMC Capital, Inc. is a registered investment company traded on the American Stock Exchange and is primarily engaged in making loans to small business enterprises under certain Small Business Administration loan programs.
 -0- 7/20/93
 /CONTACT: Lance Rosemore of PMC Capital, Inc., 214-380-0044/
 (PMC)


CO: PMC Capital, Inc. ST: Texas, Florida IN: FIN SU:

RC-AW -- FL009 -- 6830 07/20/93 12:40 EDT
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Publication:PR Newswire
Date:Jul 20, 1993
Words:114
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