PNC 1.06% 46.5¢ pioneer credit limited

Ann: Refinancing Update, page-8

  1. 568 Posts.
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    I have been underwhelmed with the management of Pioneer Credit.

    They haven’t managed the capital structure of the business and now the company is being gouged with the interest rate of 20% on debt from Carlyle.

    There needs to be some other options on the table to improve the cost of debt and capital structure.

 
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