Common Stock, $0.01 par value per share
- Symbol
- PRAA
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01, 9.01 · 8-K
PRAANASDAQEQUITYCurrent
Item 8.01 Other Events. On September 29, 2026, PRA Group, Inc. issued a press release announcing that it priced an offering of $400.0 million aggregate principal amount of 8.500% senior notes due 2033 in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended.…
Press release in this filing
PRA Group Announces Pricing of Offering of $400.0 Million of 8.500% Senior Notes due 2033 →As a global industry leader with more than 30 years of experience, PRA Group, Inc. (Nasdaq: PRAA) specializes in acquiring and collecting nonperforming loans. PRA Group purchases portfolios from banks and other creditors and, through its subsidiaries, collaborates with customers to help them resolve their debt. Headquartered in Norfolk, Virginia, PRA Group has operations in the U.S., Europe, and other markets.
PRA GROUP INC · 8-K · Filed 2026-09-29
Exhibit 99.1 PRA Group Announces Pricing of Offering of $400.0 Million of 8.500% Senior Notes due 2033 NORFOLK, Va., September 29, 2026 - PRA Group, Inc. (Nasdaq: PRAA) (the “Company”), a global leader in acquiring and collecting nonperforming loans, announced today the pricing on September 29, 2026 of its offering of $400.0 million aggregate principal amount of 8.500% senior notes due 2033 (the “notes”), in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering of the notes is expected to close on or about October 2, 2026, subject to the satisfaction of customary closing conditions. The notes will be guaranteed on a senior unsecured basis by each of the Company’s existing and future domestic subsidiaries that is a borrower or guarantor under the Company’s North American Credit Agreement. PRA Group intends to use the net proceeds from the offering and available cash to repay approximately $400.0 million of its outstanding borrowings under its North American revolving credit facility. The notes were offered only to qualified institutional buyers in reliance on Rule 144A under the Se…
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