{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-417167","form_type":"8-K","ticker":"PRAA","cik":"0001185348","company_name":"PRA GROUP INC","filed_at":"2026-10-07T23:28:07+00:00","discovered_at":"2026-10-08T10:05:00.341946+00:00","generated_at":"2026-10-12T15:43:33.814031+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PRA Group completes $400 million 8.500% senior notes due 2033 offering","bullets":["PRA Group issued $400 million aggregate principal amount of 8.500% Senior Notes due 2033 under an indenture with Regions Bank as trustee.","Interest accrues at 8.500% per annum, payable semiannually on April 15 and October 15, starting April 15, 2027; notes mature October 15, 2033.","Net proceeds and available cash will repay about $400.0 million of borrowings under PRA's North American revolving credit facility, without reducing the commitment.","The notes are guaranteed on a senior unsecured basis by existing and future domestic restricted subsidiaries that guarantee the North American Credit Agreement.","Indenture limits indebtedness, liens, dividends, investments, asset sales, mergers; change of control requires repurchase at 101% of principal plus accrued interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-417167","json":"https://secwatch.observer/filing/0001193125-26-417167.json","markdown":"https://secwatch.observer/filing/0001193125-26-417167.md","text":"https://secwatch.observer/filing/0001193125-26-417167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1185348/000119312526417167/0001193125-26-417167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1185348/000119312526417167/d166539d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:43:33.814031+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"}