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.
From the transcript of the briefing provided. 'We issued Medium...
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