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PMC CAPITAL ANNOUNCES AGREEMENT WITH SUNTRUST CORPORATE FINANCE

 MIAMI, Nov. 18 ~PRNewswire~ -- PMC Capital, Inc. (AMEX: PMC) announced today that it has entered into an agreement with Suntrust Corporate Finance to place debt. The terms and conditions of the debt are to be determined at a later date.
 PMC's President, Lance B. Rosemore stated, "We intend to use the proceeds to expand our lending program. The new debt will better balance our capital structure. PMC currently has less than .5 to 1, debt to equity ratio."
 -0- 11~18~92
 ~CONTACT: Andrew S. Rosemore or Lance B. Rosemore of PMC Capital, Inc., 214-380-0044 (Dallas)~
 (PMC)


CO: PMC Capital, Inc.; Suntrust Corporate Finance ST: Florida, Texas IN: FIN SU:

SS-AW -- FL008 -- 2416 11~18~92 13:43 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:119
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