** Shares of financial services co Pioneer Credit PNC.AX fall as much as 9.1% to A$0.60, posting their worst trading session since Feb. 27

** Co has completed raising A$10 million ($6.46 million), at at 58 AU cents/share, a 7.4% discount to the 10-day volume weighted average price of 63 AU cents/share

** 305,610 shares change hands, compared with the 30-day average volume of 133,391

** Stock has fallen 57.1% YTD, as of last close

($1 = 1.5473 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))