PRA Group highlights net leverage decline to 2.60x in investor presentation

Bitget2026/11/05 23:38

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PRA Group's net leverage fell to 2.60x in Q3 2026, marking eight consecutive quarters of deleveraging.
Trailing 12-month adjusted EBITDA rose 9% to $1.4 billion.
Cash collections increased 6% year over year to $2.2 billion over the same period.
Liquidity stood at about $1 billion; recently issued $400 million of Senior Notes due 2033 funded repayment of the NA RCF.
The strategy targets leverage in the mid-2x range, prioritizing core business investments while allowing opportunistic share repurchases under a $150 million authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PRA Group Inc. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PRA Group highlights net leverage decline to 2.60x in investor presentation

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