{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-407840","form_type":"8-K","ticker":"PRAA","cik":"0001185348","company_name":"PRA GROUP INC","filed_at":"2026-09-29T21:27:31+00:00","discovered_at":"2026-09-29T21:30:00.356972+00:00","generated_at":"2026-10-12T13:54:44.014508+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"PRA Group prices $400M of 8.500% senior notes due 2033 to repay revolver borrowings","bullets":["$400.0 million aggregate principal of 8.500% senior notes due 2033 priced September 29, 2026; offering expected to close on or about October 2, 2026, subject to customary conditions.","Notes will be guaranteed on a senior unsecured basis by each existing and future domestic subsidiary that is a borrower or guarantor under PRA's North American Credit Agreement.","Net proceeds plus available cash will repay approximately $400.0 million of outstanding borrowings under the North American revolving credit facility.","Notes sold privately to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S; not registered under the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-407840","json":"https://secwatch.observer/filing/0001193125-26-407840.json","markdown":"https://secwatch.observer/filing/0001193125-26-407840.md","text":"https://secwatch.observer/filing/0001193125-26-407840.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1185348/000119312526407840/0001193125-26-407840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1185348/000119312526407840/d41584d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:54:44.014508+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}