PRA raises borrowing capacity ahead of deal closing

Portfolio Recovery Associates (PRAA) moves closer getting the financing together for its acquisition of Aktiv Kapital, with the boosting of its credit facility to $842.5M from $628M.

In addition to the financing, PRA says good progress has been made on the regulatory front and expects to close the deal this quarter.

Previously: Portfolio Recovery to acquire Aktiv Kapital for $880M,

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs