secwatch.observer — SEC 8-K summary
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Issuer:     PRA GROUP INC (PRAA)
CIK:        0001185348
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001193125-24-265156
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1185348/000119312524265156/0001193125-24-265156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1185348/000119312524265156/d912656d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-265156

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