Every 8-K that PRA Group, Inc. (PRAA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PRAA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRAA filings page.
PRA GROUP INC (symbol: PRAA) is the issuer of record for a Form 8-K filing submitted to the SEC. PRA Group, Inc. priced a private offering of $400.0 million aggregate principal amount of 8.500% senior notes due 2033. The offering is expected to close on or about October 2, 2026, subject to the satisfaction of customary closing conditions.
PRA Group intends to use the net proceeds and available cash to repay approximately $400.0 million of outstanding borrowings under its North American revolving credit facility. The notes will be guaranteed on a senior unsecured basis by each existing and future domestic subsidiary that is a borrower or guarantor under the North American Credit Agreement.
PRA GROUP INC (symbol: PRAA) is the issuer of record for a Form 8-K filing submitted to the SEC. PRA Group, Inc. plans, subject to market and other conditions, to offer $400.0 million aggregate principal amount of senior notes due 2033 in a private transaction exempt from Securities Act registration. PRA Group intends to use the offering’s net proceeds and available cash to repay approximately $400.0 million of outstanding borrowings under its North American revolving credit facility.
The notes are being offered to qualified institutional buyers under Rule 144A and to certain persons outside the United States under Regulation S.
PRA GROUP INC (symbol: PRAA) is the issuer of record for a Form 8-K filing submitted to the SEC. PRA Group, Inc. said Owen James, President of PRA Group Europe, notified the company on September 21, 2026, of his intent to retire effective December 31, 2026, and serve in an advisory role until March 31, 2027, to support an effective transition.
PRA Group, Inc. reported solid Q2 2026 results, with net income attributable to the company of $58 million and diluted EPS of $1.51. Total cash collections rose to $559 million, supported by U.S. legal and digital channels and continued strength in Europe.
Estimated remaining collections reached a record $8.9 billion, including an approximately $349 million upward revision to European ERC following a comprehensive portfolio review, which management expects will support higher portfolio income over time. Total portfolio revenue increased 28% to $365 million, and Adjusted EBITDA for the last twelve months was $1.4 billion, up 10%.
The company invested $297 million in portfolio purchases in the quarter and maintained liquidity with $998 million of credit facility availability as of June 30, 2026. It repurchased $10 million of stock in Q2, and the board authorized a new share repurchase program of up to $150 million with no stated expiration.
PRA Group, Inc. reported results from its 2026 Annual Meeting of Stockholders. Stockholders approved an amendment to the 2022 Omnibus Incentive Plan, increasing the plan’s share limit by an additional 3,500,000 shares of common stock. All director nominees were elected to serve until the 2027 annual meeting.
Stockholders also ratified Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026. In an advisory vote, stockholders approved executive compensation and separately approved the increase in shares authorized under the 2022 Equity Plan.
PRA Group, Inc. reported sharply improved first quarter 2026 results, with total revenues of $314.5 million and net income attributable to the company of $28.2 million, or $0.73 diluted EPS, up from $3.7 million and $0.09 a year earlier.
Total cash collections rose 11.0% to $551.9 million, driven by U.S. core and European portfolios, while portfolio revenue increased 16.6% to $313.5 million. Operating expenses grew to $211.3 million, largely from higher legal collection costs to support future growth, and net interest expense was $63.5 million.
The company purchased $220.9 million of nonperforming loan portfolios in the quarter and reported estimated remaining collections of $8.5 billion, up 9.5%. For the twelve months ended March 31, 2026, Adjusted EBITDA was $1.35 billion, up 13.9%, and return on average tangible equity for the quarter was 11.7%.
PRA Group, Inc. entered into a Second Amended and Restated European Credit Agreement for its €730 million revolving credit facility. The amendment extends the facility’s maturity from November 23, 2027 to April 30, 2031, giving the company a longer-term funding backstop.
The revised agreement reduces the maximum ERC ratio from 45.0% to 40.0% and, subject to conditions, permits investments in or loans to joint ventures up to an aggregate €100 million. A related press release highlights that commitment level and pricing remain unchanged, and notes the company now has no debt maturities until 2028, supporting its PRA 3.0 capital structure strategy.
PRA Group reported strong cash generation but a GAAP loss for 2025. Total cash collections rose 12.8% to $2.1 billion, with Q4 2025 collections up 13.6% to $531.7 million. Record estimated remaining collections reached $8.6 billion, and 2025 portfolio purchases were $1.2 billion, the third-highest in company history.
Despite this growth, the company posted a 2025 net loss attributable to PRA Group of $305.1 million, or $(7.79) per diluted share, mainly from a $412.6 million non-cash goodwill impairment recorded in Q3. Excluding this and a gain on an equity investment sale, adjusted net income was $72.6 million, or $1.84 per diluted share, and Adjusted EBITDA increased 16% to $1.3 billion. Q4 2025 net income was $56.5 million, or $1.46 per diluted share, reflecting improved operations, particularly in U.S. legal collections and Europe.
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.