PRA Group Inc at Bank of America Leveraged Finance Virtual Conference Transcript

Nov 30, 2020 / 04:15PM GMT
Mark Hammond -

Thank you. Hello, and thank you for joining us. I'm Mark Hammond, the High Yield Financials' analyst at BofA Securities. I'm pleased to have PRA Group with us today. From the company, we have Pete Graham, CFO; and Darby Schoenfeld, VP, Investor Relations.

We have 30 minutes in total today. We will start with an introduction from Pete and Darby, move into some discussion between myself, Pete and Darby, and then wrap up with our participant -- question-and-answer session. (Operator Instructions)

With that, I will turn it over to the company.

Peter M. Graham - PRA Group, Inc. - Executive VP & CFO

Great. Thanks, Mark, and we're glad to be here today virtually. Maybe I'll start just with a little bit of background on the company, PRA Group. We're a global leader in purchasing collection of nonperforming loans. The company was founded in 1996 and has been public since 2002. We're unique in our industry. In that, we've got 2 of the original founders still in leadership positions as the CEO and Chair of the Board, respectively. And we've

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