David Scharf

Mark Hughes

Robert Dodd

John Rowan

- 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)