secwatch.observer — SEC 8-K summary
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Issuer:     PRA GROUP INC (PRAA)
CIK:        0001185348
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001193125-24-262650
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PRA Group prices upsized $150M of 8.875% senior notes due 2030 at 103.625%
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- Offering upsized from $100M to $150M aggregate principal, priced at 103.625% of par.
- Notes are additional issuance under existing indenture, same class/series as $400M 8.875% notes due 2030.
- Net proceeds will repay about $150M of borrowings under North American revolving credit facility.
- Closing expected on or about November 25, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1185348/000119312524262650/0001193125-24-262650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1185348/000119312524262650/d787020d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-262650

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