---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-265156"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T18:40:11.188710+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PRA Group issues $150M in additional 8.875% Notes due 2030, repays revolver

## Summary
- Completed $150M offering of 8.875% Senior Notes due 2030 at 103.625% of par.
- Notes are additional issuance of existing $400M 8.875% Notes due 2030; same terms except issue price.
- Net proceeds used to repay ~$154.3M outstanding borrowings under North American revolver.
- Notes are senior unsecured, guaranteed by domestic restricted subsidiaries.
- Interest payable semiannually Jan 31 and Jul 31, starting Jan 31, 2025; maturity Jan 31, 2030.

## SEC filing metadata
- accession: 0001193125-24-265156
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000119312524265156/0001193125-24-265156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000119312524265156/d912656d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-265156
- JSON: https://secwatch.observer/filing/0001193125-24-265156.json
- Plain text: https://secwatch.observer/filing/0001193125-24-265156.txt

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