LOAN MODIFICATION AGREEMENT AND SEVENTH AMENDMENT TO CREDIT AGREEMENT Dated as of March 24, 2016 among PRA GROUP, INC. (f/k/a PORTFOLIO RECOVERY ASSOCIATES, INC.) as a Borrower and a Guarantor, PRA GROUP CANADA INC., as a Borrower and A DESIGNATED...Loan Modification Agreement • March 30th, 2016 • Pra Group Inc • Services-consumer credit reporting, collection agencies • New York
This LOAN MODIFICATION AGREEMENT AND SEVENTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of March 24, 2016, among PRA GROUP, INC. (f/k/a Portfolio Recovery Associates, Inc.), a Delaware corporation (“PRA”, or the “Company”), PRA GROUP CANADA INC., a Canadian corporation organized under the Canada Business Corporations Act (the “Canadian Borrower”, and, together with PRA, the “Borrowers”) the Guarantors, the Lenders party hereto, BANK OF AMERICA, N.A., as Administrative Agent and BANK OF AMERICA, N.A., acting through its Canada branch, as Canadian Administrative Agent (together with the Administrative Agent, the “Agents” and each an “Agent”).
