PRA Group Inc, founded in 1996 and headquartered in Norfolk, Virginia, is a global leader in revenue recovery solutions, focused on purchasing and collecting accounts receivable. The company specializes in providing services to help clients manage their debt portfolios and recovery processes, across various sectors including consumer credit and healthcare.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRAA 5.00% 2029-10-01 USDPRA Group Inc | United States | 2029-10-01 | 5.000 | 7.98 |
| PRAA 5.00% 2029-10-01 USDPRA Group Inc | United States | 2029-10-01 | 5.000 | 7.84 |
| PRAA 7.38% 2025-09-01 USDPRA Group Inc | United States | 2025-09-01 | 7.375 | 45.15 |
| PRAA 7.38% 2025-09-01 USDPRA Group Inc | United States | 2025-09-01 | 7.375 | 44.63 |
| PRAA 8.38% 2028-02-01 USDPRA Group Inc | United States | 2028-02-01 | 8.375 | 7.89 |
| PRAA 8.38% 2028-02-01 USDPRA Group Inc | United States | 2028-02-01 | 8.375 | 7.90 |
| PRAA 8.88% 2030-01-31 USDPRA Group Inc | United States | 2030-01-31 | 8.875 | 8.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PRA Group began issuing bonds in 2013, with notable issuances such as their $200 million senior unsecured notes in 2015. These bonds typically feature appealing fixed interest rates, with current yields consistently competitive within the industry. In 2020, PRA Group successfully refinanced $300 million of its existing debt, enhancing its balance sheet by lowering interest costs. As of late 2023, the company's bonds have demonstrated resilience, despite market fluctuations, reflecting strong investor confidence and a solid financial foundation.