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[PETRA CAPITAL LETTERHEAD]
August 26, 1998
VIA EDGAR
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn: Ms. Mary Cole
Re: Petra Capital, Inc. Form N-2
Ladies and Gentlemen:
Petra Capital, Inc. a Delaware corporation (the "Company"), pursuant to Rule
477(a) promulgated under the Securities Act of 1933, as amended, hereby requests
that the Securities and Exchange Commission consent to the withdrawal of the
Company's Registration Statement on Form N-2 (Registration No. 333-56459),
together with all exhibits hereto. The Company requests withdrawal of the
Registration Statement because it does not intend to conduct the offering of
shares of Common Stock contemplated in the Registration Statement at this time.
No shares of Common Stock of the Company have been issued or sold under the
Registration Statement.
The Company further requests that, pursuant to Rule 477(c), an order with the
date of granting of the withdrawal be included in the file for the Registration
Statement on Form N-2 in the following manner: "Withdrawn upon the request of
the Registrant, the Commission consenting thereto."
If you have any questions or comments or require further information or
documentation, please do not hesitate to call the undersigned at (615) 313-5999
or John D. Capers, Jr. at (404) 572-4600.
Sincerely,
/s/ Joseph D. O'Brien III
Joseph D. O'Brien III
Chief Financial Officer
JO/cw
cc: John D. Capers, Jr., Esq.
