---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-25-000027"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T05:57:02.813977+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PRA Group subsidiary plans €300M senior notes due 2032 to repay revolver borrowings

## Summary
- Subsidiary PRA Group Europe Holding II to offer €300M in senior notes due 2032.
- Notes will be senior unsecured guaranteed by PRA Group and its domestic subsidiaries.
- Net proceeds to repay ~$174M of North American revolver and ~$174M of European revolver.
- Offering is private, exempt from registration, to QIBs and non-U.S. persons.

## SEC filing metadata
- accession: 0001185348-25-000027
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000027/0001185348-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000027/praa-20250922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-25-000027
- JSON: https://secwatch.observer/filing/0001185348-25-000027.json
- Plain text: https://secwatch.observer/filing/0001185348-25-000027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.