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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.