secwatch.observer — SEC 8-K summary
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Issuer:     PRA GROUP INC (PRAA)
CIK:        0001185348
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001185348-25-000030
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PRA Group subsidiary prices €300M 6.250% senior notes due 2032, plans debt refinancing
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- PRA Group Europe Holding II priced €300M senior notes at 6.250% due 2032 on September 24, 2025.
- Net proceeds will repay ~$174M from North American revolving credit facility and ~$174M from European facility.
- Closing expected on or about September 30, 2025, subject to customary conditions.
- Notes are guaranteed by PRA Group and its domestic subsidiary borrowers/guarantors under North American Credit Agreement.
- Offering is exempt from SEC registration, sold to QIBs and non-U.S. persons under Rule 144A/Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1185348/000118534825000030/0001185348-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1185348/000118534825000030/praa-20250924.htm
  HTML page:      https://secwatch.observer/filing/0001185348-25-000030

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