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How Pioneer Credit Slashed MTN Margin by 315bps to Save $4.63M Annually

9:04am on Monday 23rd of February, 2026 AEDT Financial Services
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How Pioneer Credit Slashed MTN Margin by 315bps to Save $4.63M Annually

9:04am on Monday 23rd of February, 2026 AEDT
Key Points
  • 315bps margin reduction on $55.5M Medium Term Notes
  • Annual cash interest savings of $1.75 million from MTNs
  • Combined $4.63 million annual savings including senior finance facility repricing
  • Modification gain expected in second half of FY26, pending auditor review
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