ASX Announcements
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Appendix 4D and Half Year Report - 1HY25
Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report
1HY25 Results Release Date and Investor Briefing Webinar
Notification of Results/Reporting Date
Issued Capital - Other
June 2024
Challenger, Revolution storm Pioneer Credit’s $300m refinance
Sources said Pioneer and Nomura had found enough demand to upsize the growth facility to haul the total from $245 million to about $300 million.
October 2023
Pioneer Credit sues PwC for $32m in long-running accounting dispute
The legal action is the latest chapter in a long-running dispute between the debt collector and its former auditor over the way financial assets were valued.
April 2022
Listed debt collector Pioneer Credit in $45m purchase
Listed debt collector Pioneer Credit is understood to be close to capping off a $45 million-plus deal to buy a debt collection portfolio associated with listed peer Collection House.
March 2022
Pioneer Credit raising at premium to fund M&A
Debt collector Pioneer Credit reckons it has found a pretty healthy M&A deal - good enough to be raising equity at a premium to its last close.
June 2021
Morningstar data breach reveals KPMG deal maker lists
An alert system flaw for ASX-listed companies meant third parties could view project names KPMG had assigned, such as ‘Project Africa Comps’ for debt collectors.
September 2020
Banks rally lifts stocks to best week since mid-August
The sharemarket advanced 1.7 per cent over the week as banks enjoyed a massive rally on Friday. Westpac's 7 per cent surge helped steer the S&P/ASX200 Index 1.5 per cent higher on Friday as the government moved to relax responsible lending rules.
June 2020
Bloodied Collection House unveils $90m debt hit
The company had not been able to comply with loan covenants and needed to come up with a recapitalisation plan by September, according to accounts released on Tuesday afternoon.
April 2020
Pioneer tears up Carlyle contract, says see you in court
Pioneer Credit has terminated an agreement with a private equity buyer which holds $140 million of its debt, saying it will take the matter to court.
The Carlyle Group on notice at Pioneer Credit
The ambulance chasers have turned up at embattled Perth financier Pioneer Credit.
Debt collectors in trouble as backers turn tables
The pressure is on Pioneer Credit and Collection House as their lenders come knocking.
Carlyle turns screws on Pioneer Credit, shares halve
Listed financier Pioneer Credit has lost the support of its proposed buyer and major lender - all in the course of the Easter weekend.
February 2020
Debt ledger woes bash Collection House
Debt collector warns that profit forecasts are under review and bank covenants could be breached.
December 2019
Pioneer Credit sold for a song after CEO cops 50 per cent pay rise
Debt collection company sold for a steep discount to The Carlyle Group three-and-a-half months after being suspended from trade.
November 2019
Debt chaser softens bankruptcy trigger after backlash
Consumer groups cautiously welcome the move by Collection House - but also want to see proof of change.
October 2019
Debt collectors doing little to repair image
The niche debt collection sector generates one in every 25 complaints submitted to the regulator.
September 2019
Digging deeper with the debt collection industry
The debt collection industry has come a long way from its grubby origins but questionable practices remain.
Big banks tighten oversight of sales to debt collectors
The increased scrutiny comes amid a spotlight on bankruptcy proceedings.
Pioneer Credit in death spiral as vultures circle
Retail investors are bracing for the worst after Pioneer Credit asked for its suspension from the ASX to be extended for a month amid speculation it could be placed into administration.
Pioneer Credit prays for white knight as bank cuts off funding
Controversial buyer of bad debts says it is exploring a change of control after breaching debt covenants and being abandoned by one of its lenders.
August 2019
Collection House brushes off debt concerns after bankruptcy spike
"We don’t sail close to the wind on any of this," says chairman of debt-chasing agency.