secwatch / observer
8-K filed May 5, 2026, 7:59 PM ET ticker PRAA CIK 0001185348
debt confidence high sentiment neutral materiality 0.60

PRA GROUP INC (PRAA): debt financing — PRA Group extends €730M European credit facility to April 2031, reduces ERC ratio to 40%

PRA GROUP INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PRA GROUP INC amended revolving credit with DNB Bank ASA maturing April 30, 2031.

Instrument
revolving credit
Counterparty
DNB Bank ASA
Maturity
April 30, 2031
Event
amendment
Exact text from the filing
("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”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

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).

Action
amendment
Agreement
credit facility
Counterparty
the lenders party thereto and DNB Bank ASA as facility agent and security agent
Value
€730 million
Effective
2026-04-30
Exact text from the filing
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
View on SEC.gov

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Source: SEC EDGAR
accession 0001185348-26-000017
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