PRA Group, Inc. 5.0% 01-OCT-2029PRA Group, Inc. 5.0% 01-OCT-2029PRA Group, Inc. 5.0% 01-OCT-2029

PRA Group, Inc. 5.0% 01-OCT-2029

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PRAA5276149 analysis



Key facts


Issue date
Sep 22, 2021
Maturity date
Oct 1, 2029
Outstanding amount
‪350.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.00% (Fixed)
Yield to maturity
7.75%
PRA Group, Inc. engages in the purchase, collection and management of portfolios of nonperforming loans. The firm purchase portfolios of nonperforming loans at a discount in two broad categories: Core and Insolvency. It also provides fee-based services on class action claims recoveries and by servicing consumer bankruptcy accounts in the United States. The company was founded by Steven D. Fredrickson and Kevin P. Stevenson on March 20, 1996 and is headquartered in Norfolk, VA.
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