PNC 3.17% 61.0¢ pioneer credit limited

Ann: Annual Report to shareholders, page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 955 Posts.
    lightbulb Created with Sketch. 86
    From the transcript of the briefing provided.

    'We issued Medium Term Notes to the tune of $40 million during the period. It was a really important development for Pioneer and also for the sector. It was the first time that anyone has issued a Bond in our sector in the Australian market. It diversifies and increases the tenor of our funding and sets us up in terms of debt financing for the future by giving us another range of options as to how we fund this business in the most efficient way going forward.'

    Further down it also says the bond was oversubscribed, so a repeat in 2018/19 wouldn't be an issue by the sound of it.

    As i posted before, the funding shortfall won't be an issue.
 
watchlist Created with Sketch. Add PNC (ASX) to my watchlist
(20min delay)
Last
61.0¢
Change
-0.020(3.17%)
Mkt cap ! $73.69M
Open High Low Value Volume
61.0¢ 61.0¢ 60.0¢ $53.12K 87.63K

Buyers (Bids)

No. Vol. Price($)
2 11787 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.0¢ 2007 2
View Market Depth
Last trade - 11.51am 18/11/2024 (20 minute delay) ?
PNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.