Brief: Pioneer Credit Says Binding Commitments For A$10 Mln Placement
March 22 (Reuters) - Pioneer Credit Ltd PNC.AX :
* BINDING COMMITMENTS FOR A$10 MILLION PLACEMENT
* PLACEMENT AT A$0.45 PER SHARE
* FUNDS RAISED WILL BE USED TO ACQUIRE PURCHASED DEBT
PORTFOLIOS
DURING REMAINDER OF FY24
* ON COMPLETION, CO EXPECTS TO UPGRADE FY24 PDP GUIDANCE
Further company coverage: PNC.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Pioneer Credit
See all newsBrief: Pioneer Credit Enters 3 Year Major Bank Agreement And A$14.4 MLN Portfolio Acquisition
Australia's Pioneer Credit rises after $10.1 million portfolio acquisition
Brief: Pioneer Credit Delivers Record FY26 Profit And Investment
Brief: Pioneer Credit Requests Trading Halt
Brief: Pioneer Credit Increases FY26 NPAT Guidance