PRA Group Announces Expansion of European Credit Facility
PRA Group, Inc. (PRAA)
Last pra group, inc. earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations:
ir.pragroup.com/investors
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Source: PR Newswire
NORFOLK, Va., March 31, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that on March 27, 2020 it amended and expanded its European credit facility, increasing the committed facility by $200 million for a total European revolving credit facility of $1.3 billion. The amended facility extends the maturity of the facility to February 19, 2023 and includes an accordion feature to allow for future increases. "I am excited to announce the expansion and extension of our European Credit Facility. This process started several months ago in order to capitalize on the opportunity in the European market. I am gratified that in the midst of this crisis, our European bank group had the confidence in us to keep this process on track. We appreciate their continued support and commitment to PRA Group," said Pete Graham, executive vice president and chief financial officer for PRA Group.About PRA GroupAs a global
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PRAA
Earnings
- 11/4/24 - Beat
PRAA
Sec Filings
- 11/20/24 - Form 8-K
- 11/20/24 - Form 8-K
- 11/18/24 - Form 4
- PRAA's page on the SEC website