NORFOLK, Va., March 2, 2015 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq:PRAA), a global leader in acquiring defaulted receivables, will present to investors attending the Raymond James 36th Annual Institutional Investors Conference on Tuesday, March 3, 2015 at 9:15 am ET. A webcast of the presentation also will be available at PRA Group's Investor Relations website, http://ir.pragroup.com/events.cfm, until March 10, 2015. PRA Group may disclose material developments affecting its business and/or financial performance.

About PRA Group

By acquiring defaulted receivables, PRA Group returns capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to create affordable, realistic debt repayment plans and provide a broad range of additional revenue and recovery services to business and government clients in the U.S. and the U.K.

PRA Group has been recognized as one of Fortune's 100 Fastest-Growing Companies for the past three years and one of Forbes' Best Small Companies in America every year since 2007. PRA Group employs about 3,900 people and is headquartered in Norfolk, Virginia. For more information, please visit www.PRAgroup.com.

CONTACT: Investor Contact:

         Darby Schoenfeld

         Director of Investor Relations

         (757) 431-7913

         DCSchoenfeld@PRAGroup.com

        

         News Media Contact:

         Nancy Porter

         Vice President, Corporate Communications

         (757) 431-7950

         NAPorter@PRAGroup.com