8.500% Senior Notes due 2033
Note · PRA Group, Inc.
Reference: 8.500% Senior Notes due 2033
- Original principal
- USD 400,000,000
- Outstanding
- —
- Commitment
- —
- Availability
- —
- Maturity
- Oct 15, 2033
Last reported interest terms: 8.5% Reported 2026-10-08 Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
Documents and filing history
-
Issuance
· 2026-10-02
Original principal USD 400,000,000 Exact source document
Parent 8-K filing · 2026-10-08
On October 2, 2026, PRA Group, Inc. (the “Company”) completed its previously announced offering of $400 million aggregate principal amount of 8.500% Senior Notes due 2033 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes were issued pursuant to an Indenture, dated October 2, 2026 (the “Indenture”), among the Company, the Guarantors (as defined below) and Regions Bank, as trustee (the “Trustee”). Pursuant to the Indenture, interest on the Notes will accrue at a rate of 8.500% per annum payable semiannually in arrears on April 15 and October 15 of each year, commencing on April 15, 2027. The Notes will mature on October 15, 2033, subject to earlier repurchase or redemption.
Issuer evidence: On October 2, 2026, PRA Group, Inc. (the “Company”) completed its previously announced offering of $400 million aggregate principal amount of 8.500% Senior Notes due 2033 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes were issued pursuant to an Indenture, dated October 2, 2026 (the “Indenture”), among the Company, the Guarantors (as defined below) and Regions Bank, as trustee (the “Trustee”). Pursuant to the Indenture, interest on the Notes will accrue at a rate of 8.500% per annum payable semiannually in arrears on April 15 and October 15 of each year, commencing on April 15, 2027. The Notes will mature on October 15, 2033, subject to earlier repurchase or redemption.
Supporting evidence: On October 2, 2026, PRA Group, Inc. (the “Company”) completed its previously announced offering of $400 million aggregate principal amount of 8.500% Senior Notes due 2033 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes were issued pursuant to an Indenture, dated October 2, 2026 (the “Indenture”), among the Company, the Guarantors (as defined below) and Regions Bank, as trustee (the “Trustee”). Pursuant to the Indenture, interest on the Notes will accrue at a rate of 8.500% per annum payable semiannually in arrears on April 15 and October 15 of each year, commencing on April 15, 2027. The Notes will mature on October 15, 2033, subject to earlier repurchase or redemption.
Supporting evidence: On October 2, 2026, PRA Group, Inc. (the “Company”) completed its previously announced offering of $400 million aggregate principal amount of 8.500% Senior Notes due 2033 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes were issued pursuant to an Indenture, dated October 2, 2026 (the “Indenture”), among the Company, the Guarantors (as defined below) and Regions Bank, as trustee (the “Trustee”). Pursuant to the Indenture, interest on the Notes will accrue at a rate of 8.500% per annum payable semiannually in arrears on April 15 and October 15 of each year, commencing on April 15, 2027. The Notes will mature on October 15, 2033, subject to earlier repurchase or redemption.