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0.0149783208513993 0.0149783208513993 0.0149783208513993 0.0108395743003547 0.00236499802916826 -0.00275916436736304 -0.00157666535277884 0.00197083169097362
Stock impact report

PRA Group Announces Proposed Offering of $400.0 Million of Senior Notes due 2030 [Yahoo! Finance]

PRA Group, Inc. (PRAA) 
Last pra group, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.pragroup.com/investors
Company Research Source: Yahoo! Finance
loans, announced today that it plans, subject to market and other conditions, to offer $400.0 million aggregate principal amount of senior notes due 2030 (the "notes") in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes will be guaranteed on a senior unsecured basis by each of the Company's existing and future domestic subsidiaries that is a borrower or guarantor under the Company's North American Credit Agreement. PRA Group intends to use the net proceeds from the offering to repay approximately $396.0 million of its outstanding borrowings under its North American revolving credit facility (the "North American Revolver"). The Company intends to subsequently use borrowings under the North American Revolver on or about September 1, 2024 to redeem its $298.0 million of 7.375% Senior Notes due 2025 (the "2025 senior notes") and to pay accrued and unpaid interest thereon, if any. The n Show less Read more
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