tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pioneer Credit Achieves Further Margin Reduction on Finance Facility

Story Highlights
Pioneer Credit Achieves Further Margin Reduction on Finance Facility

TipRanks Cyber Monday Sale

An update from Pioneer Credit Ltd ( (AU:PNC) ) is now available.

Pioneer Credit Limited has announced a 15-basis point reduction in the pricing of its $272.5 million syndicated senior finance facility, achieved through sustainability-linked provisions. This reduction, reflecting Pioneer’s leadership in responsible customer engagement, results in annualised pre-tax interest savings of over $3 million, highlighting the company’s focus on reducing funding costs and strengthening its operating model.

The most recent analyst rating on (AU:PNC) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Pioneer Credit Ltd stock, see the AU:PNC Stock Forecast page.

More about Pioneer Credit Ltd

Pioneer Credit is an ASX-listed company providing high quality, flexible financial services support to help Australians overcome financial difficulties. The company is trusted by long-term vendor partners and is known for its strong industry relationships, compliance record, and customer-focused culture.

Average Trading Volume: 199,909

Technical Sentiment Signal: Buy

Current Market Cap: A$108.1M

For detailed information about PNC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1