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PRAA — PRA News Story

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Brief: PRA Group Announces Proposed Offering of $400.0 Million of Senior Notes due 2030

May 15 (Reuters) - PRA Group Inc  PRAA.O :
    * PRA GROUP ANNOUNCES PROPOSED OFFERING OF $400.0 MILLION OF
SENIOR NOTES DUE 2030
    * PRA GROUP-INTENDS TO USE NET PROCEEDS FROM OFFERING TO
REPAY
ABOUT $396.0 MILLION OF OUTSTANDING BORROWING UNDER NORTH
AMERICAN REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nPn7W8Cs2a 
Further company coverage:  PRAA.O 

 ((Reuters.Briefs@thomsonreuters.com;))

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