{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T06:46:36.512882+00:00","company":{"ticker":"PRAA","cik":1185348,"company_name":"PRA GROUP INC"},"pagination":{"limit":100,"returned":34,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Regions Bank","detail":"notes_offering","count":1,"first_seen":"2023-02-06T23:59:59+00:00","last_seen":"2023-02-06T23:59:59+00:00","evidence_fact_ids":[181505]},{"display_name":"the lenders party thereto and DNB Bank ASA","detail":"credit_facility","count":1,"first_seen":"2022-11-28T23:59:59+00:00","last_seen":"2022-11-28T23:59:59+00:00","evidence_fact_ids":[194216]},{"display_name":"the lenders party thereto and DNB Bank ASA as facility agent and security agent","detail":"credit_facility","count":1,"first_seen":"2026-05-05T23:59:59+00:00","last_seen":"2026-05-05T23:59:59+00:00","evidence_fact_ids":[21699]}],"lender":[{"display_name":"DNB Bank ASA","detail":"revolving_credit","count":2,"first_seen":"2022-11-28T23:59:59+00:00","last_seen":"2026-05-05T23:59:59+00:00","evidence_fact_ids":[28797,194218]},{"display_name":"Noteholders","detail":"senior_notes","count":1,"first_seen":"2023-02-06T23:59:59+00:00","last_seen":"2023-02-06T23:59:59+00:00","evidence_fact_ids":[181510]},{"display_name":"U.S. Bank Trustees Limited","detail":"senior_notes","count":1,"first_seen":"2025-10-01T23:59:59+00:00","last_seen":"2025-10-01T23:59:59+00:00","evidence_fact_ids":[40381]}]},"facts":[{"fact_type":"earnings_release","fact_key":"ae641d04a533d2a889819465647c83bf81ce5ce9","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2026-05-07T23:59:59+00:00","payload":{"eps_text":"$0.73","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$28.2 million","period_text":"first quarter of 2026","report_date":"2026-05-07","result_type":"reported_results","revenue_text":"$313.5 million"},"claim":"PRA GROUP INC reported first quarter of 2026 results: revenue $313.5 million, net income $28.2 million, EPS $0.73.","evidence_excerpt":"returns. • Changes in expected recoveries in Q1 2026 increased to $43.9 million, compared to $27.9 million in Q1 2025. • Total portfolio revenue in Q1 2026 increased 16.6% to $313.5 million, compared to $268.9 million in Q1 2025. Expenses 1. Reflects total cash collections in South America, Canada and Australia. • Operating expenses in Q1 2026 increased $16.2","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-26-000019","anchor_url":"https://secwatch.observer/filing/0001185348-26-000019#claim-ae641d04a533d2a889819465647c83bf81ce5ce9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534826000019/0001185348-26-000019-index.htm"},{"fact_type":"debt_financing","fact_key":"606625605f15e8649a0f402d126bf77ef72183d0","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2026-05-05T23:59:59+00:00","payload":{"counterparty":"DNB Bank ASA","effective_date":"2026-04-30","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":"April 30, 2031","principal_text":null},"claim":"PRA GROUP INC amended revolving credit with DNB Bank ASA maturing April 30, 2031.","evidence_excerpt":"(\"PRA Group Holding\"), Luxembourg, Zug Branch, (together, the \"Borrowers\"), entered into the Second Amended and Restated Credit Agreement (the \"Second A&R European Credit Agreement\") with the lenders party thereto (\"EU Lenders\") and DNB Bank ASA as facility agent and security agent (the \"EU Agent\"), amending and restating the Company’s existing €730 million European revolving credit facility entered into on November 23, 2022, as amended and restated on April 24, 2025 (the “Prior Credit Agreement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-26-000017","anchor_url":"https://secwatch.observer/filing/0001185348-26-000017#claim-606625605f15e8649a0f402d126bf77ef72183d0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534826000017/0001185348-26-000017-index.htm"},{"fact_type":"material_agreement","fact_key":"8b5db3fd7ae6bd2301c920319ca9f5534560993a","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2026-05-05T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Second A&R European Credit Agreement","agreement_type":"credit_facility","counterparty":"the lenders party thereto and DNB Bank ASA as facility agent and security agent","effective_date":"2026-04-30","item_codes_triggered":["1.01"],"value_text":"€730 million"},"claim":"PRA GROUP INC amended Second A&R European Credit Agreement with the lenders party thereto and DNB Bank ASA as facility agent and security agent valued at €730 million (effective 2026-04-30).","evidence_excerpt":"On April 30, 2026, PRA Group Europe Holding S.à r.l. (\"PRA Group Europe Holding\"), a wholly-owned subsidiary of PRA Group, Inc. (the “Company”), and its Swiss Branch, PRA Group Europe Holding S.à r.l. (\"PRA Group Holding\"), Luxembourg, Zug Branch, (together, the \"Borrowers\"), entered into the Second Amended and Restated Credit Agreement (the \"Second A&R European Credit Agreement\") with the lenders party thereto (\"EU Lenders\") and DNB Bank ASA as facility agent and security agent (the \"EU Agent\"), amending and restating the Company’s existing €730 million European revolving credit facility","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-26-000017","anchor_url":"https://secwatch.observer/filing/0001185348-26-000017#claim-8b5db3fd7ae6bd2301c920319ca9f5534560993a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534826000017/0001185348-26-000017-index.htm"},{"fact_type":"debt_financing","fact_key":"6a1a65955489672b22333a865e44a7b2af31e2c8","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-10-01T23:59:59+00:00","payload":{"counterparty":"U.S. Bank Trustees Limited","effective_date":"2025-09-30","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"6.250% per annum","item_codes_triggered":["2.03"],"maturity_text":"September 30, 2032","principal_text":"€300 million aggregate principal amount"},"claim":"PRA GROUP INC incurred senior notes of €300 million aggregate principal amount with U.S. Bank Trustees Limited at 6.250% per annum maturing September 30, 2032.","evidence_excerpt":"On September 30, 2025, PRA Group Europe Holding II S.à r.l., a private limited liability company ( société à responsabilité limitée ) incorporated and existing under the laws of the Grand Duchy of Luxembourg (the “Issuer”) and a wholly-owned subsidiary of PRA Group, Inc. (the “Company”), completed its previously announced offering of €300 million aggregate principal amount of 6.250% Senior Notes due 2032 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-25-000034","anchor_url":"https://secwatch.observer/filing/0001185348-25-000034#claim-6a1a65955489672b22333a865e44a7b2af31e2c8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534825000034/0001185348-25-000034-index.htm"},{"fact_type":"executive_change","fact_key":"0647543771","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-06-24T23:59:59+00:00","payload":{"action":"promoted","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2025-06-17","interim":false,"role":"President of PRA Group Europe","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"R. Owen James changed role as President of PRA Group Europe at PRA GROUP INC.","evidence_excerpt":"Effective June 17, 2025, the Company promoted R. Owen James to President of PRA Group Europe.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-25-000014","anchor_url":"https://secwatch.observer/filing/0001185348-25-000014#claim-0647543771","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm"},{"fact_type":"executive_change","fact_key":"dba1256e8d","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-06-24T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-06-17","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Martin Sjolund was appointed as Director at PRA GROUP INC.","evidence_excerpt":"the Board appointed Mr. Sjolund as a director, effective immediately","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-25-000014","anchor_url":"https://secwatch.observer/filing/0001185348-25-000014#claim-dba1256e8d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm"},{"fact_type":"executive_change","fact_key":"c2c0634505","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-06-24T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-06-17","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Martin Sjolund was appointed as President and Chief Executive Officer at PRA GROUP INC.","evidence_excerpt":"Martin Sjolund was appointed as the Company’s President and Chief Executive Officer (“CEO”) effective June 17, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-25-000014","anchor_url":"https://secwatch.observer/filing/0001185348-25-000014#claim-c2c0634505","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534825000014/0001185348-25-000014-index.htm"},{"fact_type":"executive_change","fact_key":"993776a801","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-04-07T23:59:59+00:00","payload":{"action":"retire","action_category":"departure","departure_tone":"retirement","effective_date":"2025-06-17","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Glenn P. Marino departed as Director at PRA GROUP INC.","evidence_excerpt":"In addition, on April 2, 2025, Glenn P. Marino notified the Company of his decision to retire from the Board immediately following the 2025 Annual Meeting.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-25-074763","anchor_url":"https://secwatch.observer/filing/0001193125-25-074763#claim-993776a801","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312525074763/0001193125-25-074763-index.htm"},{"fact_type":"executive_change","fact_key":"155bf70b1a","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-04-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-06-17","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Martin Sjolund was appointed as President and Chief Executive Officer at PRA GROUP INC.","evidence_excerpt":"On April 2, 2025, the Board appointed Martin Sjolund to succeed Mr. Atal as the Company’s President and Chief Executive Officer, effective on June 17, 2025, immediately following the 2025 Annual Meeting.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-25-074763","anchor_url":"https://secwatch.observer/filing/0001193125-25-074763#claim-155bf70b1a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312525074763/0001193125-25-074763-index.htm"},{"fact_type":"executive_change","fact_key":"9bcc410f15","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2025-04-07T23:59:59+00:00","payload":{"action":"retire","action_category":"departure","departure_tone":"retirement","effective_date":"2025-06-17","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":"Martin Sjolund","successor_named":true},"claim":"Vikram A. Atal departed as President and Chief Executive Officer at PRA GROUP INC.","evidence_excerpt":"On April 2, 2025, Vikram A. Atal, President and Chief Executive Officer of PRA Group, Inc. (the “Company”), notified the Company’s Board of Directors (the “Board”) of his decision to retire as President and Chief Executive Officer and as a member of the Board, effective on June 17, 2025, immediately following the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-25-074763","anchor_url":"https://secwatch.observer/filing/0001193125-25-074763#claim-9bcc410f15","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312525074763/0001193125-25-074763-index.htm"},{"fact_type":"executive_change","fact_key":"4eed61274b","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2024-07-29T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2024-08-01","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Danielle M. Brown resigned as Director at PRA GROUP INC.","evidence_excerpt":"On July 23, 2024, Danielle M. Brown notified PRA Group, Inc. (the “Company”) that she was resigning from the Company’s Board of Directors (the “Board”) effective August 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-24-000037","anchor_url":"https://secwatch.observer/filing/0001185348-24-000037#claim-4eed61274b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534824000037/0001185348-24-000037-index.htm"},{"fact_type":"earnings_release","fact_key":"6df32ca8b2433ba713f33acacb3969eda5ef9cd3","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2024-05-06T23:59:59+00:00","payload":{"eps_text":"$0.09","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$3,475","period_text":"first quarter of 2024","report_date":"2024-05-06","result_type":"reported_results","revenue_text":"$253.7 million"},"claim":"PRA GROUP INC reported first quarter of 2024 results: revenue $253.7 million, net income $3,475, EPS $0.09. Guidance reaffirmed.","evidence_excerpt":"first quarter of 2023 (\"Q1 2023\"). The increase was driven by higher cash collections in our U.S., Europe, and Brazil Core portfolios. • Total portfolio revenue in Q1 2024 was $253.7 million compared to $151.3 million in Q1 2023. Three Months Ended March 31, ($ in thousands) 2024 2023 Portfolio income $ 202,056 $ 188,242 Changes in expected future recoveries $ 15,836","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-24-000022","anchor_url":"https://secwatch.observer/filing/0001185348-24-000022#claim-6df32ca8b2433ba713f33acacb3969eda5ef9cd3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534824000022/0001185348-24-000022-index.htm"},{"fact_type":"executive_change","fact_key":"8b12eaf295","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2024-03-13T23:59:59+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-03-15","interim":false,"role":"independent director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Glenn Marino was elected as independent director at PRA GROUP INC.","evidence_excerpt":"On March 12, 2024, the Board of Directors (the “Board”) of PRA Group, Inc. (the “Company”) elected Glenn Marino as an independent director and increased the size of the Board from 11 to 12 members, effective March 15, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-24-000018","anchor_url":"https://secwatch.observer/filing/0001185348-24-000018#claim-8b12eaf295","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534824000018/0001185348-24-000018-index.htm"},{"fact_type":"earnings_release","fact_key":"822c815b0c949966701e58936d4d7bfc028acd62","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2024-02-15T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fourth quarter and full year of 2023","report_date":"2024-02-15","result_type":"reported_results","revenue_text":null},"claim":"PRA GROUP INC reported financial results for the fourth quarter and full year of 2023.","evidence_excerpt":"On February 15, 2024, PRA Group, Inc. (the “Company”) issued a press release announcing its fourth quarter and full year 2023 results.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-24-000006","anchor_url":"https://secwatch.observer/filing/0001185348-24-000006#claim-822c815b0c949966701e58936d4d7bfc028acd62","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534824000006/0001185348-24-000006-index.htm"},{"fact_type":"earnings_release","fact_key":"b529142fde58ce031826ff8141e8a4b4d6e08066","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-11-06T23:59:59+00:00","payload":{"eps_text":"(0.31)","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"(12,262)","period_text":"third quarter of 2023","report_date":"2023-11-06","result_type":"reported_results","revenue_text":null},"claim":"PRA GROUP INC reported third quarter of 2023 results: net income (12,262), EPS (0.31).","evidence_excerpt":"Net income/(loss) attributable to PRA Group, Inc. $ (12,262)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-23-000035","anchor_url":"https://secwatch.observer/filing/0001185348-23-000035#claim-b529142fde58ce031826ff8141e8a4b4d6e08066","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000035/0001185348-23-000035-index.htm"},{"fact_type":"executive_change","fact_key":"8ebd07ef21","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-08-24T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-09-15","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Rakesh Sehgal was appointed as Executive Vice President and Chief Financial Officer at PRA GROUP INC.","evidence_excerpt":"On August 23, 2023, the Board appointed Rakesh Sehgal to succeed Mr. Graham as the Company’s Executive Vice President and Chief Financial Officer, effective September 15, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-220250","anchor_url":"https://secwatch.observer/filing/0001193125-23-220250#claim-8ebd07ef21","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312523220250/0001193125-23-220250-index.htm"},{"fact_type":"executive_change","fact_key":"01b55fc7c0","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-08-24T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2023-09-15","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":"Rakesh Sehgal","successor_named":true},"claim":"Peter M. Graham resigned as Executive Vice President and Chief Financial Officer at PRA GROUP INC.","evidence_excerpt":"On August 21, 2023, Peter M. Graham, Executive Vice President and Chief Financial Officer of PRA Group, Inc. (the “Company”), notified the Company’s Board of Directors (the “Board”) of his decision to resign from the Company, effective September 15, 2023, to pursue another employment opportunity.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-220250","anchor_url":"https://secwatch.observer/filing/0001193125-23-220250#claim-01b55fc7c0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312523220250/0001193125-23-220250-index.htm"},{"fact_type":"executive_change","fact_key":"98a8efa8e2","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-07-14T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2023-07-31","interim":false,"role":"Executive Vice President, Chief Risk and Compliance Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Laura B. White resigned as Executive Vice President, Chief Risk and Compliance Officer at PRA GROUP INC.","evidence_excerpt":"On July 11, 2023, Laura B. White, Executive Vice President, Chief Risk and Compliance Officer, of PRA Group, Inc. (the “Company”) notified the Company of her decision to resign from the Company effective on July 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-23-000028","anchor_url":"https://secwatch.observer/filing/0001185348-23-000028#claim-98a8efa8e2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000028/0001185348-23-000028-index.htm"},{"fact_type":"shareholder_vote","fact_key":"d69b0a0ca9a9aca30fc58d306c835d3e9c05a4d9","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-06-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-13","outcome":"passed","proposal_text":"Advisory Vote on Frequency of Advisory Votes on Future Executive Compensation","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"682,682","subject":null,"votes_abstain":"30,004","votes_against":"0","votes_for":"33,477,910","votes_withheld":"0"}]},"claim":"PRA GROUP INC shareholders approved Advisory Vote on Frequency of Advisory Votes on Future Executive Compensation at the 2023-06-13 meeting.","evidence_excerpt":"Advisory Vote on Frequency of Advisory Votes on Future Executive Compensation. The Company’s stockholders approved, on an advisory basis, to hold future shareholder votes to approve the compensation of the Company's named executive officers every year. The following sets forth the results of voting with respect to this proposal: 1 Year 2 Years 3 Years Abstain Broker Non-Vote 33,477,910 6,389 2,431,684 30,004 682,682","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001185348-23-000026","anchor_url":"https://secwatch.observer/filing/0001185348-23-000026#claim-d69b0a0ca9a9aca30fc58d306c835d3e9c05a4d9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000026/0001185348-23-000026-index.htm"},{"fact_type":"shareholder_vote","fact_key":"323e9a98e0d4c15eb73db09a07f817b70c0eeaef","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-06-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-13","outcome":"passed","proposal_text":"Advisory Vote on Named Executive Officer Compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"682,682","subject":null,"votes_abstain":"179,954","votes_against":"2,194,453","votes_for":"33,571,580","votes_withheld":"0"}]},"claim":"PRA GROUP INC shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-06-13 meeting.","evidence_excerpt":"Advisory Vote on Named Executive Officer Compensation. The Company’s stockholders approved the advisory vote on the compensation of the Company’s named executive officers (\"Say-on-Pay\") based upon the following votes: For Against Abstain Broker Non-Vote 33,571,580 2,194,453 179,954 682,682","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001185348-23-000026","anchor_url":"https://secwatch.observer/filing/0001185348-23-000026#claim-323e9a98e0d4c15eb73db09a07f817b70c0eeaef","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000026/0001185348-23-000026-index.htm"},{"fact_type":"shareholder_vote","fact_key":"17e4b9b075b5242658b1b5d0ff6f754cc1bc2d29","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-06-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-13","outcome":"passed","proposal_text":"Ratification of the Appointment of Ernst & Young LLP","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"6,958","votes_against":"25,832","votes_for":"36,595,879","votes_withheld":"0"}]},"claim":"PRA GROUP INC shareholders approved Ratification of the Appointment of Ernst & Young LLP at the 2023-06-13 meeting.","evidence_excerpt":"Ratification of the Appointment of Ernst & Young LLP. The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, based upon the following votes: For Against Abstain 36,595,879 25,832 6,958","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001185348-23-000026","anchor_url":"https://secwatch.observer/filing/0001185348-23-000026#claim-17e4b9b075b5242658b1b5d0ff6f754cc1bc2d29","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000026/0001185348-23-000026-index.htm"},{"fact_type":"shareholder_vote","fact_key":"be46be80c88eb8bcb02baa1ee0aa6da6d67a18a8","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-06-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-13","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"682,682","subject":"Vikram A. Atal","votes_abstain":"12,962","votes_against":"693,036","votes_for":"35,239,989","votes_withheld":"0"},{"broker_non_votes":"682,681","subject":"Danielle M. Brown","votes_abstain":"10,204","votes_against":"1,100,084","votes_for":"34,835,700","votes_withheld":"0"},{"broker_non_votes":"682,681","subject":"Marjorie M. Connelly","votes_abstain":"10,204","votes_against":"169,794","votes_for":"35,765,990","votes_withheld":"0"},{"broker_non_votes":"682,682","subject":"John H. Fain","votes_abstain":"14,723","votes_against":"1,801,645","votes_for":"34,129,619","votes_withheld":"0"},{"broker_non_votes":"682,682","subject":"Steven D. Fredrickson","votes_abstain":"12,003","votes_against":"2,312,393","votes_for":"33,621,591","votes_withheld":"0"},{"broker_non_votes":"682,682","subject":"James A. Nussle","votes_abstain":"10,504","votes_against":"1,929,602","votes_for":"34,005,881","votes_withheld":"0"},{"broker_non_votes":"682,682","subject":"Brett L. Paschke","votes_abstain":"10,504","votes_against":"1,034,291","votes_for":"34,901,192","votes_withheld":"0"},{"broker_non_votes":"682,682","subject":"Scott M. Tabakin","votes_abstain":"10,504","votes_against":"2,091,203","votes_for":"33,844,280","votes_withheld":"0"},{"broker_non_votes":"682,681","subject":"Peggy P. Turner","votes_abstain":"10,204","votes_against":"258,766","votes_for":"35,677,018","votes_withheld":"0"},{"broker_non_votes":"682,681","subject":"Lance L. Weaver","votes_abstain":"10,604","votes_against":"256,037","votes_for":"35,679,347","votes_withheld":"0"}]},"claim":"PRA GROUP INC shareholders approved Election of Directors at the 2023-06-13 meeting.","evidence_excerpt":"Election of Dire ctors. The Company’s stockholders elected the following nominees to serve as directors until the 2024 Annual Meeting or until their successors are duly elected and qualified based upon the following votes: For Against Abstain Broker Non-Vote Vikram A. Atal 35,239,989 693,036 12,962 682,682 Danielle M. Brown 34,835,700 1,100,084 10,204 682,681 Marjorie M. Connelly 35,765,990 169,794 10,204 682,681 John H. Fain 34,129,619 1,801,645 14,723 682,682 Steven D. Fredrickson 33,621,591 2,312,393 12,003 682,682 James A. Nussle 34,005,881 1,929,602 10,504 682,682 Brett L. Paschke 34,901,192 1,034,291 10,504 682,682 Scott M. Tabakin 33,844,280 2,091,203 10,504 682,682 Peggy P. Turner 35,677,018 258,766 10,204 682,681 Lance L. Weaver 35,679,347 256,037 10,604 682,681","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001185348-23-000026","anchor_url":"https://secwatch.observer/filing/0001185348-23-000026#claim-be46be80c88eb8bcb02baa1ee0aa6da6d67a18a8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000026/0001185348-23-000026-index.htm"},{"fact_type":"earnings_release","fact_key":"0191d3eba88f07344aa5d3e46e3df5b3d486cc45","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-05-08T23:59:59+00:00","payload":{"eps_text":"$(1.50)","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$ (58,629)","period_text":"first quarter of 2023","report_date":"2023-05-08","result_type":"reported_results","revenue_text":null},"claim":"PRA GROUP INC reported first quarter of 2023 results: net income $ (58,629), EPS $(1.50).","evidence_excerpt":"On May 8, 2023, PRA Group, Inc. (the “Company”) issued a press release announcing its first quarter 2023 results. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated into this Item 2.02 by reference.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-23-000017","anchor_url":"https://secwatch.observer/filing/0001185348-23-000017#claim-0191d3eba88f07344aa5d3e46e3df5b3d486cc45","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000017/0001185348-23-000017-index.htm"},{"fact_type":"executive_change","fact_key":"9d1f30177f","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-04-17T23:59:59+00:00","payload":{"action":"will retire","action_category":"departure","departure_tone":"retirement","effective_date":"2023-05-12","interim":false,"role":"Executive Vice President, Global Investments and Analytics Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Christopher B. Graves departed as Executive Vice President, Global Investments and Analytics Officer at PRA GROUP INC.","evidence_excerpt":"On April 17, 2023, PRA Group, Inc. (the “Company”) announced that Christopher B. Graves, Executive Vice President, Global Investments and Analytics Officer, will retire from the Company on May 12, 2023 (the “Effective Date”), due to personal health reasons.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-23-000015","anchor_url":"https://secwatch.observer/filing/0001185348-23-000015#claim-9d1f30177f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000015/0001185348-23-000015-index.htm"},{"fact_type":"executive_change","fact_key":"3e6d80e785","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-03-28T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-03-27","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Vikram A. Atal was appointed as President and Chief Executive Officer at PRA GROUP INC.","evidence_excerpt":"On March 22, 2023, the Board also appointed Vikram A. Atal, a member of the Board since 2015, as the Company’s President and Chief Executive Officer effective March 27, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-23-000011","anchor_url":"https://secwatch.observer/filing/0001185348-23-000011#claim-3e6d80e785","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000011/0001185348-23-000011-index.htm"},{"fact_type":"executive_change","fact_key":"9df5288e6d","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-03-28T23:59:59+00:00","payload":{"action":"terminated without cause","action_category":"departure","departure_tone":"termination","effective_date":"2023-03-27","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":"Vikram A. Atal","successor_named":true},"claim":"Kevin P. Stevenson departed as President and Chief Executive Officer at PRA GROUP INC.","evidence_excerpt":"On March 22, 2023, the Board of Directors (“Board”) of PRA Group, Inc. (the “Company”) approved the termination without cause of Kevin P. Stevenson’s employment as the Company’s President and Chief Executive Officer effective March 27, 2023 consistent with the terms of the existing employment agreement between the Company and Mr. Stevenson (the “Stevenson Employment Agreement”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185348-23-000011","anchor_url":"https://secwatch.observer/filing/0001185348-23-000011#claim-9df5288e6d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000011/0001185348-23-000011-index.htm"},{"fact_type":"executive_change","fact_key":"72dd1e9298","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-03-08T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2023-03-31","interim":false,"role":"Executive Vice President, Global Operations Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Steven C. Roberts retired as Executive Vice President, Global Operations Officer at PRA GROUP INC.","evidence_excerpt":"On March 2, 2023, Steven C. Roberts notified PRA Group, Inc. (the “Company”) of his intention to retire as Executive Vice President, Global Operations Officer of the Company effective March 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-064608","anchor_url":"https://secwatch.observer/filing/0001193125-23-064608#claim-72dd1e9298","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312523064608/0001193125-23-064608-index.htm"},{"fact_type":"earnings_release","fact_key":"80f3ec0564abc3da0b62778860e4882495548ca0","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-02-27T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"fourth quarter and full year 2022","report_date":"2023-02-27","result_type":"reported_results","revenue_text":null},"claim":"PRA GROUP INC reported financial results for fourth quarter and full year 2022.","evidence_excerpt":"On February 27, 2023, PRA Group, Inc. (the \"Company\") issued a press release announcing its fourth quarter and full year 2022 results.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-23-000005","anchor_url":"https://secwatch.observer/filing/0001185348-23-000005#claim-80f3ec0564abc3da0b62778860e4882495548ca0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534823000005/0001185348-23-000005-index.htm"},{"fact_type":"debt_financing","fact_key":"1b81b23dc5403aad1729c89ac29b9da82eb899e9","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-02-06T23:59:59+00:00","payload":{"counterparty":"Noteholders","effective_date":"2023-02-06","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"8.375% per annum","item_codes_triggered":["2.03"],"maturity_text":"February 1, 2028","principal_text":"$400,000,000"},"claim":"PRA GROUP INC incurred senior notes of $400,000,000 with Noteholders at 8.375% per annum maturing February 1, 2028.","evidence_excerpt":"On February 6, 2023, PRA Group, Inc. (the “Company”) completed its previously announced offering of $400 million aggregate principal amount of 8.375% Senior Notes due 2028 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-025557","anchor_url":"https://secwatch.observer/filing/0001193125-23-025557#claim-1b81b23dc5403aad1729c89ac29b9da82eb899e9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312523025557/0001193125-23-025557-index.htm"},{"fact_type":"material_agreement","fact_key":"f9cfd8ae1d5967a0f9667b5abd525a2c63b60128","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2023-02-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Indenture","agreement_type":"notes_offering","counterparty":"Regions Bank, as trustee","effective_date":"2023-02-06","item_codes_triggered":["1.01"],"value_text":"$400 million"},"claim":"PRA GROUP INC entered into Indenture with Regions Bank, as trustee valued at $400 million (effective 2023-02-06).","evidence_excerpt":"On February 6, 2023, PRA Group, Inc. (the “Company”) completed its previously announced offering of $400 million aggregate principal amount of 8.375% Senior Notes due 2028 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-025557","anchor_url":"https://secwatch.observer/filing/0001193125-23-025557#claim-f9cfd8ae1d5967a0f9667b5abd525a2c63b60128","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000119312523025557/0001193125-23-025557-index.htm"},{"fact_type":"debt_financing","fact_key":"614e43eb528b350a38555a0c042674052fcdc1f4","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2022-11-28T23:59:59+00:00","payload":{"counterparty":"DNB Bank ASA, as facility agent and security agent","effective_date":"2022-11-23","event":"incurrence","instrument_type":"revolving_credit","interest_rate_text":"the benchmark rate applicable to the relevant currency plus an applicable margin","item_codes_triggered":["2.03"],"maturity_text":"November 23, 2027","principal_text":"EUR 730.0 million"},"claim":"PRA GROUP INC incurred revolving credit of EUR 730.0 million with DNB Bank ASA, as facility agent and security agent at the benchmark rate applicable to the relevant currency plus an applicable margin maturing November 23, 2027.","evidence_excerpt":"The Replacement Facility Agreement consists of an EUR 730.0 million revolving credit facility (subject to a borrowing base) and an uncommitted accordion feature for up to EUR 500.0 million, subject to certain conditions.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-22-000033","anchor_url":"https://secwatch.observer/filing/0001185348-22-000033#claim-614e43eb528b350a38555a0c042674052fcdc1f4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534822000033/0001185348-22-000033-index.htm"},{"fact_type":"material_agreement","fact_key":"7da8e8ac69437f143c8be1587ff39188d2dc71ef","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2022-11-28T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Prior Facility Agreement","agreement_type":"credit_facility","counterparty":null,"effective_date":"2022-11-23","item_codes_triggered":["1.02"],"value_text":null},"claim":"PRA GROUP INC terminated Prior Facility Agreement (effective 2022-11-23).","evidence_excerpt":"On November 23, 2022, in connection with the effectiveness of the Replacement Facility Agreement, the Borrowers transferred in full the outstanding aggregate principal amount of all loans, together with all accrued and unpaid interest thereon, under the Prior Facility Agreement the the Replacement Facility Agreement and, in connection with such transfer, the Prior Facility Agreement, including all commitments thereunder, was terminated.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-22-000033","anchor_url":"https://secwatch.observer/filing/0001185348-22-000033#claim-7da8e8ac69437f143c8be1587ff39188d2dc71ef","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534822000033/0001185348-22-000033-index.htm"},{"fact_type":"material_agreement","fact_key":"8abd7744f64a1db2990b0a3a761773dc13488a1f","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2022-11-28T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Replacement Facility Agreement","agreement_type":"credit_facility","counterparty":"the lenders party thereto and DNB Bank ASA, as facility agent and security agent","effective_date":"2022-11-23","item_codes_triggered":["1.01"],"value_text":"EUR 730.0 million"},"claim":"PRA GROUP INC entered into Replacement Facility Agreement with the lenders party thereto and DNB Bank ASA, as facility agent and security agent valued at EUR 730.0 million (effective 2022-11-23).","evidence_excerpt":"On November 23, 2022, PRA Group Europe Holding S.a r.l. (“PRA Group Europe”), a wholly owned subsidiary of PRA Group, Inc. (the “Company”), and its Swiss Branch, PRA Group Europe Holding S.a r.l. (“PRA Group Holding”), Luxembourg, Zug Branch (together, the “Borrowers”), along with certain of their affiliates and the Company, as guarantors, entered into a multicurrency revolving credit facility agreement (the “Replacement Facility Agreement”) with the lenders party thereto and DNB Bank ASA, as facility agent and security agent (the “Agent”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185348-22-000033","anchor_url":"https://secwatch.observer/filing/0001185348-22-000033#claim-8abd7744f64a1db2990b0a3a761773dc13488a1f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534822000033/0001185348-22-000033-index.htm"},{"fact_type":"earnings_release","fact_key":"fe705000b78f162654ffae3d37b831d70ad7cc21","cik":1185348,"ticker":"PRAA","company_name":"PRA GROUP INC","filed_at":"2022-11-03T23:59:59+00:00","payload":{"eps_text":"$0.63","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the third quarter of 2022","report_date":"2022-11-03","result_type":"reported_results","revenue_text":null},"claim":"PRA GROUP INC reported the third quarter of 2022 results: EPS $0.63.","evidence_excerpt":"• Diluted earnings per share were $0.63. • Common stock repurchases 3 of $25.0 million, or 0.7 million shares. • Debt to Adjusted EBITDA 4 for the 12 months ended September 30, 2022 was 2.04x.","confidence":0.6,"filing_url":"https://secwatch.observer/filing/0001185348-22-000029","anchor_url":"https://secwatch.observer/filing/0001185348-22-000029#claim-fe705000b78f162654ffae3d37b831d70ad7cc21","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1185348/000118534822000029/0001185348-22-000029-index.htm"}]}