Pioneer Credit Limited announced that it has entered into agreements with Fortress Investment Group LLC for a AUD 200 million, four-year senior revolving debt facility on November 1, 2021. The transaction will take place in tranches, tranche 1 will be of AUD 125 million and tranche 2 and tranche 3 will be an aggregate of AUD 75 million. The debt facility will mature in November 2025. The transaction is expected to close on November 9, 2021.