Portfolio Recovery Associates Announces Closing of Public Offering and Exercise of Over-Allotment Option

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Portfolio Recovery Associates Announces Closing of Public Offering and Exercise of Over-Allotment Option

NORFOLK, VA -- Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) ("Portfolio Recovery Associates" or the "Company") today announced that it has closed its previously announced public offering of 1,250,000 newly issued shares of its common stock. Prior to closing, the underwriters exercised in full their option to purchase an additional 187,500 shares of common stock to cover o
 
Topic: Debt Purchasing