PRA Group completes private placement, shares jump

PRA

24/09/2021 23:00

** Financial services co's  PRAA.O  shares up nearly 11% at
$44.99 in extended trading
    ** Co says https://www.sec.gov/ix?doc=/Archives/edgar/data/1185348/000119312521282213/d234425d8k.htm
 it completed private placement worth $350 mln on Wednesday
    ** Consensus rating on the stock is "buy", with a median PT
of $42.50 - Refinitiv IBES data
    ** YTD, stock up nearly 3%

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))