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Pioneer Credit Ltd ( (AU:PNC) ) just unveiled an announcement.
Pioneer Credit Limited has announced a 100-basis point reduction in the pricing of its $272.5 million senior finance facility, effective from November 1, 2025. This repricing is expected to save the company approximately $2.5 million annually in pre-tax interest, reflecting its strong financial performance in FY25 and positive outlook for FY26. The company is fully funded for its FY26 Purchased Debt Portfolio investment program, projected to exceed $80 million, with commitments to be met through free cash flow. Pioneer has agreed not to repay the facility before July 2027, ahead of its maturity in July 2028, while maintaining all financial covenants.
The most recent analyst rating on (AU:PNC) stock is a Hold with a A$0.50 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 financial services company that assists everyday Australians in overcoming financial difficulties. The company is known for its customer-focused support, strong compliance record, and deep industry relationships, positioning it well for sustainable growth.
Average Trading Volume: 152,808
Technical Sentiment Signal: Buy
Current Market Cap: A$101.8M
See more data about PNC stock on TipRanks’ Stock Analysis page.