NORFOLK, Va., April 20, 2018 (GLOBE NEWSWIRE) -- PRA Group, Inc. (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, announced it has donated $250,000 to the Elizabeth River Trail Foundation to improve and enhance the waterfront trail in the City of Norfolk.
The 10.5-mile Elizabeth River Trail connects 28 Norfolk neighborhoods along the Elizabeth River. The urban trail emphasizes green infrastructure and restoration to the iconic waterfront area that it spans.
Kevin Stevenson, president and chief executive officer of PRA Group, said, “With more than 2,200 of our employees here in Virginia, it has always been PRA’s priority to strengthen the health and vitality of the communities where our employees work and live. Norfolk has been PRA’s headquarters for more than 20 years, and we are excited to be a part of a major initiative that will benefit so many for years to come.”
“Experience has shown that trails similar to the Elizabeth River Trail enhance the value of our communities and attract visitors,” said Mayor Kenneth Cooper Alexander. “The City of Norfolk is pleased to be a major part of this initiative, and we will continue to work with the Foundation to ensure that these improvements benefit residents and visitors.”
To learn more about the Elizabeth River Trail, visit www.elizabethrivertrail.com.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. With nearly 5,100 employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.
PRA Group News Media Contact:
Nancy Porter
Vice President, Corporate Marketing
(757) 431-7950
Nancy.Porter@PRAGroup.com