PRA Group Prices $352.4 Million Notes Offering

MT Newswires Live

2025/09/22

PRA Group (PRAA) said Monday it plans to offer in a private placement 300 million euros ($352.4 million) of senior notes due 2032.

Net proceeds will be used for debt repayments, including $174 million of debt under a North American revolving credit facility and $174 million under a European revolving credit facility, the company said.

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