David Scharf

Mark Hughes

Robert Dodd

John Rowan

- PRA Group Inc., through PRA GROUP EUROPE HOLDING II S.à R.L., has issued **6.250% Senior Notes due 2032** under an Indenture dated **September 30, 2025**.  **[1185348_0001185348-25-000034_sept2025seniornotesindentu.htm:0]** 
- The net proceeds from this offering are intended to repay approximately **$174 million** of outstanding borrowings under its North American revolving credit facility and approximately **$174 million** under its European revolving credit facility. These prepayments will not reduce the revolving borrowing commitment amounts and will be available for re-borrowing.  **[1185348_0001185348-25-000034_praa-20250930.htm:3]** **[1185348_0001185348-25-000034_praa-20250930.htm:3]** 
- The Notes are subject to optional redemption: prior to **September 30, 2028**, at 100.0% of the principal amount plus an Applicable Premium; and on or after **September 30, 2028**, at **103.1250%** in 2028, **101.5625%** in 2029, and **100.000%** in 2030 and thereafter.  **[1185348_0001185348-25-000034_sept2025seniornotesindentu.htm:118]** 
- The company's covenants allow for the incurrence of Indebtedness under Credit Facilities up to the greater of **$4,000.0 million** or an amount that does not cause the Consolidated Senior Secured Leverage Ratio to exceed 3.25 to 1.00.  **[1185348_0001185348-25-000034_sept2025seniornotesindentu.htm:50]**

PRA Group Issues 6.250% Senior Notes Due 2032

- **PRA Group, Inc.** priced an offering of **€300 million** aggregate principal amount of **6.250% Senior Notes due 2032**.  **[1185348_20250924PH82886:0]** 
- The offering is a private transaction, with an expected closing date of **September 30, 2025**.  **[1185348_20250924PH82886:0]** 
- The company intends to use the net proceeds to repay approximately **$174 million** of outstanding borrowings under its North American revolving credit facility and approximately **$174 million** under its European revolving credit facility.  **[1185348_20250924PH82886:0]**

PRA Group prices €300 million senior notes offering

- PRA Group, Inc.'s wholly-owned subsidiary, PRA Group Europe Holding II S.à r.l. Luxembourg, priced an offering of **€300 million** aggregate principal amount of **6.250% Senior Notes due 2032** on **September 24, 2025**.  **[1185348_0001185348-25-000030_sept2025seniornotespricing.htm:0]** **[1185348_0001185348-25-000030_praa-20250924.htm:1]** 
- The offering is expected to close on or about **September 30, 2025**.  **[1185348_0001185348-25-000030_sept2025seniornotespricing.htm:0]** 
- The net proceeds from the offering will be used to repay approximately **$174 million** of outstanding borrowings under its North American revolving credit facility and approximately **$174 million** of outstanding borrowings under its European revolving credit facility.  **[1185348_0001185348-25-000030_sept2025seniornotespricing.htm:0]** 
- The Notes will be guaranteed on a senior unsecured basis by PRA Group, Inc. and its existing and future domestic subsidiaries that are borrowers or guarantors under the Company’s North American Credit Agreement.  **[1185348_0001185348-25-000030_sept2025seniornotespricing.htm:0]**

PRA Group Subsidiary Prices €300 Million Senior Notes Offering

- PRA Group's wholly-owned subsidiary, PRA Group Europe Holding II S.à r.l., announced its intent to offer **€300 million** aggregate principal amount of **senior notes due 2032**.  **[1185348_0001185348-25-000027_praa-20250922.htm:0]** **[1185348_0001185348-25-000027_sept2025seniornoteslaunchp.htm:1]** 
- The net proceeds from the offering are planned to repay approximately **$174 million** of outstanding borrowings under PRA Group's North American revolving credit facility and approximately **$174 million** under its European revolving credit facility.  **[1185348_0001185348-25-000027_sept2025seniornoteslaunchp.htm:1]** 
- The notes will be guaranteed on a senior unsecured basis by PRA Group, Inc. and its domestic subsidiaries.  **[1185348_0001185348-25-000027_sept2025seniornoteslaunchp.htm:1]** 
- This offering is a private transaction, exempt from registration requirements, and is not intended for retail investors in the EEA or UK.  **[1185348_0001185348-25-000027_praa-20250922.htm:0]** **[1185348_0001185348-25-000027_sept2025seniornoteslaunchp.htm:1]** **[1185348_0001185348-25-000027_sept2025seniornoteslaunchp.htm:2]** **[1185348_0001185348-25-000027_sept2025seniornoteslaunchp.htm:3]**

PRA Group Subsidiary Announces Proposed €300 Million Senior Notes Offering

- PRA Group, Inc.'s wholly-owned subsidiary, PRA Group Europe Holding II S.à r.l. Luxembourg, plans to offer **€300 million** aggregate principal amount of senior notes due **2032**.  **[1185348_20250922PH79519:0]** 
- The net proceeds from this offering are intended to repay approximately **$174 million** of outstanding borrowings under its North American revolving credit facility and approximately **$174 million** under its European revolving credit facility.  **[1185348_20250922PH79519:0]** 
- The notes will be offered in a private transaction to qualified institutional buyers and certain persons outside the United States, and are not intended for retail investors in the EEA or the United Kingdom.  **[1185348_20250922PH79519:0]** **[1185348_20250922PH79519:1]** **[1185348_20250922PH79519:2]**

PRA GROUP (PRAA)