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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