Printer Friendly

PLM EQUIPMENT GROWTH FUNDS II AND III AUTHORIZE REPURCHASE OF DEPOSITARY UNITS

 SAN FRANCISCO, Dec. 28 /PRNewswire/ -- San Francisco-based PLM Equipment Growth Fund II (AMEX: GFY) and PLM Equipment Growth Fund III (AMEX: GFZ) announced today that the board of directors of its general partner, PLM Financial Services Inc., has authorized on behalf of the partnerships the repurchase of up to 200,000 depositary units of PLM Equipment Growth Fund II and up to 200,000 depositary units of PLM Equipment Growth Fund III in the open market from time to time.
 PLM Equipment Growth Fund II is a $150 million income-oriented limited partnership formed in March 1987, which began trading on the American Stock Exchange Nov. 20, 1990. PLM Equipment Growth Fund III is a $200 million income-oriented limited partnership formed in March 1988, which began trading on the American Stock Exchange Aug. 16, 1991. The two limited partnerships were formed to acquire, manage and lease diversified portfolios of used transportation equipment.
 The general partner for PLM Equipment Growth Fund II and PLM Equipment Growth Fund III is PLM Financial Services Inc., a wholly owned subsidiary of PLM International Inc. (AMEX: PLM).
 PLM International is a transportation leasing company specializing in the management of equipment on operating leases. The company is also the leading sponsor of syndicated investment programs organized to invest primarily in transportation equipment.
 -0- 12/28/92
 /CONTACT: Valerie Carattini-Cooke, director of corporate communications of PLM, 415-905-7227/
 (GFY GFZ PLM)


CO: PLM Equipment Growth Fund II; PLM Equipment Growth Fund III; PLM
 Financial Services Inc. ST: California IN: TRN FIN SU:


RK-SG -- SF006 -- 0206 12/28/92 21:31 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 28, 1992
Words:262
Previous Article:AILEEN, INC. REPORTS FISCAL 1992 RESULTS
Next Article:NOVEMBER HOME SALES SWELL AS ECONOMY IMPROVES
Topics:


Related Articles
PLM EQUIPMENT GROWTH FUNDS ANNOUNCE QUARTERLY RESULTS
PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS
PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS
PLM EQUIPMENT GROWTH FUNDS ANNOUNCE YEAR-END RESULTS
PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS
/FOLLOWING IS A REPEAT OF A RELEASE MOVED YESTERDAY/
PLM EQUIPMENT GROWTH FUNDS REPORT SECOND QUARTER RESULTS
PLM EQUIPMENT GROWTH FUNDS REPORT THIRD QUARTER RESULTS
PLM EQUIPMENT GROWTH FUNDS DECLARE QUARTERLY DISTRIBUTIONS
PLM EQUIPMENT GROWTH FUNDS ANNOUNCE FIRST QUARTER RESULTS

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters