Pra Group Inc SEC Filings

PRA Group, Inc. (PRAA) reported a challenging Q3 2025 as a non-cash goodwill impairment of $412.6 million fully wrote down its Debt Buying and Collection unit, driving a net loss attributable to PRA of $(407.7) million (diluted EPS $(10.43)). Total revenues were $311.1 million, up 10.5%, led by portfolio income of $258.5 million.

Operationally, cash collections rose 13.7% to $542.2 million, supported by stronger U.S. legal recoveries and broad-based European performance. Estimated remaining collections reached $8.4 billion, up 15.2% year over year. Finance receivables, net were $4.572 billion.

Capital structure updates included issuing €300.0 million of 6.250% senior notes due 2032; borrowings totaled $3.607 billion at quarter-end. Higher legal collection costs and interest expense weighed on results. Common shares outstanding were 39,015,442 as of November 6, 2025.

PRA Group (PRAA) director reported an open‑market purchase. On 11/06/2025, the reporting person bought 15,000 shares of common stock (Transaction Code P) at a weighted average price of $14.15, with individual trades ranging from $14.05 to $14.31.

Following the transaction, the reporting person beneficially owns 58,933 shares indirectly through Andenes Investments SL and 20,908 shares directly.

PRA Group, Inc. furnished a press release announcing its third quarter 2025 results. The company also made a slide presentation for the November 3, 2025 webcast and conference call available on its investor relations website.

The press release was furnished as Exhibit 99.1. The information furnished under Items 2.02 and 7.01, and Exhibit 99.1, is not deemed “filed” and is not incorporated by reference unless expressly stated.

PRA Group, Inc. announced that its wholly owned Luxembourg subsidiary, PRA Group Europe Holding II S.à r.l., completed a private offering of €300 million aggregate principal amount of 6.250% Senior Notes due 2032. Interest accrues at 6.250% per annum and is payable semiannually on March 31 and September 30, beginning March 31, 2026. The Notes are senior unsecured obligations of the Issuer and are guaranteed on a senior unsecured basis by the Company and its existing and future domestic restricted subsidiaries that guarantee the Company’s North American credit facility, subject to exceptions. The Notes rank equally with other unsecured senior debt, are effectively subordinated to secured debt and structurally subordinated to liabilities of non-guarantor subsidiaries. The Issuer may redeem the Notes in whole or in part under specified make-whole and scheduled redemption provisions.

PRA Group, Inc. disclosed that on September 24, 2025 its wholly owned subsidiary, PRA Group Europe Holding II S.à r.l., priced a private offering of €300 million aggregate principal amount of 6.250% senior notes due 2032. The transaction was completed in a private placement exempt from registration under the Securities Act of 1933. The company filed a press release announcing the offering as Exhibit 99.1 to this Form 8-K and incorporated that release by reference into Item 8.01; Item 9.01 references financial statements and exhibits. The filing provides the basic financing terms but does not disclose use of proceeds, pricing parties, covenant details, or expected impacts on the company’s leverage.

PRA Group, Inc. disclosed that on September 22, 2025 its wholly owned subsidiary, PRA Group Europe Holding II S.à r.l., intends, subject to market conditions, to offer €300,000,000 aggregate principal amount of senior notes due 2032 in a private transaction exempt from registration under the Securities Act of 1933. The company filed a press release and the release is included as Exhibit 99.1 and is incorporated by reference into this report. The notice indicates the offering is conditional on market conditions and uses a private placement format rather than a registered public offering.

Reporting person: Rakesh Sehgal, Chief Financial Officer of PRA Group Inc. This Form 4 reports a non-derivative transaction on 09/15/2025 where 1,514 shares of PRA Group common stock were disposed at an effective price of $16.82. The filing explains these shares were withheld to cover tax liability arising from the vesting of restricted stock units. After the withholding, the reporting person directly beneficially owned 55,084 shares. The form is signed by an attorney-in-fact on behalf of the reporting person.

LaTisha O. Tarrant, General Counsel & CHRO of PRA Group, Inc. (PRAA), reported a transaction on 08/15/2025 showing a net disposition of 3,342 shares of PRA Group common stock at $16.51 per share. The filing states these shares were withheld to cover tax liability related to the vesting of restricted stock units. After this withholding, Ms. Tarrant beneficially owns 78,900 shares directly. The Form 4 is signed and dated 08/19/2025 and indicates the report was filed by one reporting person.

James Richard Owen, President - PRA Group Europe and a director/officer of PRA GROUP INC (PRAA), reported a transaction on 08/15/2025 related to common stock. The filing shows 1,844 shares were disposed of at a price of $16.51 per share. The filing explains these shares were withheld to cover tax liability arising from the vesting of restricted stock units. Following the transaction, the reporting person beneficially owns 68,584 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/18/2025.