Oct 1 (Reuters) - Pioneer Credit Ltd PNC.AX :
* Enhanced financing arrangements
* Says successfully negotiated a revised senior debt facility
* Key terms of the new facility include an increase in the facility limit from $47M to $60M
* Key terms of the new facility include removal of quarterly amortisation of the loan - saving about $10M in cash in FY 2016
* Also increased its internal loan to value ratio (LVR) threshold from 40% to 50%, well below the bank's new covenant
* Source text for Eikon ID:nASX6hGshQ