Latest Purchased Debt News

Cann Group Limited (ASX, CAN) launches a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares and attaching options, supporting its recent debt restructure and growth ambitions.

Credit Corp Group Limited reported strong earnings growth in 2025, driven by its diversified financial services portfolio and strategic expansion into the UK market, alongside significant advances in AI technology.

Pioneer Credit has successfully negotiated a 100 basis point margin reduction on its $272.5 million senior finance facility, significantly lowering its borrowing costs and reaffirming strong profit guidance for FY26.

Pioneer Credit Limited has reported a robust FY2025 with net profit after tax of $10.5 million, beating guidance by 17%, underpinned by refinancing savings and portfolio growth. The company sets an ambitious FY2026 NPAT target above $18 million, reinforcing its market leadership.

Pioneer Credit has posted a remarkable turnaround in FY25, with EBIT soaring 517% and securing exclusive partnerships with all Big Four banks, setting the stage for sustained growth.

Pioneer Credit Limited has reported a significant turnaround in FY25, posting a net profit after tax of $6.7 million compared to a loss of $10 million the previous year, supported by improved operational efficiency and strengthened debt facilities.

Credit Corp Group Limited has reported a remarkable turnaround for the half-year ended 31 December 2024, posting a 464% increase in profit after tax to $44.1 million and a 45% rise in revenue to $271.5 million. The company also declared a fully franked interim dividend of 32 cents per share, signalling confidence in ongoing growth.