PNC 1.03% 49.0¢ pioneer credit limited

Dec 8 (Reuters) - Pioneer Credit Ltd (PNC) : HAS ACQUIRED A...

  1. 193,108 Posts.
    lightbulb Created with Sketch. 2819

    Dec 8 (Reuters) - Pioneer Credit Ltd (PNC) :

    • HAS ACQUIRED A DEBT PORTFOLIO FROM PANTHERA FINANCE PTY LTD
    • DEBT PORTFOLIO FROM PANTHERA FINANCE PTY LTD FOR A TOTAL CONSIDERATION OF A$24.1 MILLION
    • CONTINUES TO PROGRESS REFINANCING ITS EXISTING SENIOR DEBT FACILITY
    • UPGRADED ITS FY24 PDP INVESTMENT GUIDANCE TO A$85 MILLION
    • PIONEER WILL DRAW DOWN A$17 MILLION FROM NOMURA FINANCE FACILITY, WITH BALANCE OF PDP INVESTMENT AND FEES EQUITY FUNDED
    • LOOK FORWARD TO COMPLETING MORE ONE-OFF MATERIAL PDP TRANSACTIONS OVER BALANCE OF FY24 AND BEYOND
 
watchlist Created with Sketch. Add PNC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.