April 29, 2020 / 1:03 AM / a month ago

BRIEF-Credit Corp Group Looks To Raise Up To A$150 Mln

April 29 (Reuters) - Credit Corp Group Ltd:

* PLACEMENT ISSUE PRICE OF A$12.50 PER SHARE

* NON-UNDERWRITTEN SHARE PURCHASE PLAN TO RAISE ABOUT A$30 MILLION

* SHORT-TERM COST REDUCTIONS OF $2 MILLION PER MONTH HAVE BEEN IMPLEMENTED

* COST REDUCTION MEASURES INCLUDE DECREASES IN BOARD, EXECUTIVE & SUPPORT REMUNERATION

* FOR 9 MONTHS TO MARCH, AUS/NZ DEBT COLLECTIONS UP 9% Source text for Eikon: Further company coverage:

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