PRA Group extends €730M European credit facility maturity to 2031, strengthening capital structure.

PRA Group, a global leader in acquiring and collecting nonperforming loans, has amended and extended its European Credit Agreement, pushing the maturity date from November 2027 to April 2031. The credit facility commitment remains at €730 million with no changes in pricing. This extension supports PRA Group's strategy to strengthen its capital structure and stagger debt maturities, maintaining strong liquidity with no debt maturing until 2028. The company thanked its lending partners for their support as it continues executing its PRA 3.0 strategy.