PNC 1.10% 46.0¢ pioneer credit limited

"That this PDP was purchased through a non-recourse SPV says...

  1. 33,276 Posts.
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    "That this PDP was purchased through a non-recourse SPV says something about PNC's ability to raise further debt, imo."

    Are you sure about that , BBSY + 6.5% margin would be around 10% currently , if that is as good as PNC could get , then it seems the banks do not consider PNC as having great credit .
 
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