Pra Group INC 8-K filings

PRA Group announced robust second quarter 2026 financial results, highlighted by a substantial increase in European Estimated Remaining Collections (ERC) and continued execution of its PRA 3.0 strategy.

PRA Group announces an 11% increase in cash collections and $28 million in net income for Q1 2026, driven by U.S. and European performance.

PRA Group announced a $305 million net loss for full year 2025, primarily due to a non-cash goodwill impairment, despite achieving 13% cash collections growth.

PRA Group, Inc. reported a significant net loss of $407.7 million in Q3 2025 due to a non-cash goodwill impairment charge, despite double-digit growth in cash collections and positive adjusted net income.

PRA Group Europe Holding II S. r.l., a subsidiary of PRA Group, Inc., completed a private offering of €300 million in 6.250% Senior Notes due 2032, with proceeds primarily used to repay existing revolving credit facilities.

PRA Group's European subsidiary priced €300 million of 6.250% senior notes due 2032 to refinance existing credit facilities.

PRA Group's Luxembourg subsidiary plans a 300 million senior notes offering to refinance debt.

PRA Group, Inc. announced its second quarter 2025 financial results, featuring record estimated remaining collections and double-digit cash collections growth, though core profitability declined when adjusted for a one-time gain.

PRA Group, Inc. announced the formal appointment of Martin Sjolund as President and CEO, the promotion of R. Owen James, and the results of its 2025 Annual Meeting, including director elections and key corporate governance approvals.

PRA Group's Q1 2025 sees a 19% increase in portfolio purchases, leading to a record Estimated Remaining Collections (ERC) of $7.8 billion.

PRA Group announces that Martin Sjolund will succeed Vikram Atal as President and CEO, effective June 17, 2025, following Atal's retirement.

PRA Group announces a transformational year in 2024, marked by record portfolio purchases and a return to enhanced profitability.

PRA Group has appointed Adrian M. Butler as an independent director and approved an executive severance plan for certain named executive officers.

PRA Group, Inc. has successfully completed a $150 million offering of senior notes to pay down its revolving credit facility.

PRA Group, Inc. has increased its offering of senior notes due 2030 to $150 million, up from the initially planned $100 million.

PRA Group plans to offer $100 million in senior notes due 2030 to repay existing debt under its North American revolving credit facility.

PRA Group announced strong third quarter results for 2024, driven by increased cash collections and portfolio purchases, and raised its full year outlook while also announcing targets for 2025.

PRA Group has successfully amended and extended its North American and UK credit agreements, securing $2.3 billion in aggregate commitments and extending maturities to October 2029.

PRA Group's second quarter results show a significant turnaround in their U.S. business, with increased portfolio purchases and strong cash collections.

Danielle M. Brown has resigned from PRA Group's Board of Directors, effective August 1, 2024, due to expanded professional responsibilities.

PRA Group held its annual meeting on June 13, 2024, where stockholders elected directors, ratified the appointment of Ernst & Young LLP as the independent auditor, and approved executive compensation.

PRA Group successfully closed a $400 million private offering of senior notes due in 2030, using the proceeds to repay existing credit facility borrowings.

PRA Group has announced the pricing of a $400 million senior notes offering to refinance existing debt, including the repayment of its North American revolving credit facility and the redemption of its 2025 senior notes.

PRA Group plans to offer $400 million in senior notes to repay existing debt and refinance its 2025 senior notes.

PRA Group's first quarter of 2024 shows a significant turnaround with increased cash collections and improved profitability.

PRA Group has appointed Glenn Marino, a seasoned consumer finance executive, to its Board of Directors, effective March 15, 2024, following a collaborative search process with Engaged Capital.

PRA Group's 2023 results show a significant increase in portfolio purchases, particularly in the U.S., alongside efforts to address underperformance in the U.S. business, while the European business demonstrated strong performance.