Portfolio Recovery Associates boosts credit line

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By AP
12 May 2008 @ 09:44 am EST

NORFOLK, Va. - Portfolio Recovery Associates Inc., a bad-debt collector, said Monday it expanded its bank credit line to $340 million.

Quotes

PRAA

37.41

3.22

Previously, the company had a $270 million bank line. The new line includes a three-year expiration, the company said.

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Portfolio Recovery Associates boosts credit line

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