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PLM INTERNATIONAL COMPLETES $91 MILLION RE-FINANCING AND NAMES NEW CHIEF FINANCIAL OFFICER

 PLM INTERNATIONAL COMPLETES $91 MILLION RE-FINANCING
 AND NAMES NEW CHIEF FINANCIAL OFFICER
 SAN FRANCISCO, Nov. 4 /PRNewswire/ -- San Francisco-based PLM International Inc. (AMEX: PLM) today announced the completion of a $91 million senior term loan and named J. Michael Allgood vice president of finance and chief financial officer.
 The senior term loan is a $91 million amortizing facility through March 31, 1994, with a modification to previous financial covenants that allows the company additional flexibility to make acquisitions in non-equipment investments. PLM International also announced the appointment of J. Michael Allgood to vice president and chief financial officer.
 Allgood, 43, has over 17 years of corporate finance and international leasing experience. Prior to joining PLM, Allgood was co-founder and chief financial officer of Electra Aviation Limited and its holding company, Aviation Holdings Plc. of London, England, a commercial aircraft operating lease company. In his new position Allgood will be responsible for corporate finance and treasury functions, including banking relations and services.
 Allgood received his M.B.A. from the University of California, Berkeley. He lives in Lafayette with his wife Maria and their two children, James, 16, and Angela, 14.
 PLM International is a transportation equipment 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- 11/4/92
 /CONTACT: Valerie Carattini-Cooke, director of corporate communications for PLM International, 415-905-7227/
 (PLM) CO: PLM International ST: California IN: TRN SU: PER


TM-GT -- SF010 -- 2735 11/04/92 18:14 EST
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Publication:PR Newswire
Date:Nov 4, 1992
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