PRA Group increased the U.S. revolving portion of its North American credit facility by $363 million, for a total North American revolving credit facility of approximately $1.12 billion.
The amendment to the credit facility also includes an increase in the accordion feature to $500 million from $45 million. The revolving portion of the European credit facility was reduced to $800 million, reflecting a decrease of $100 million.
The term loan portion of the facility, the rates and the maturity were not changed.