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RDN Radian Group Inc

31.64
0.00 (0.00%)
11 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Radian Group Inc NYSE:RDN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.64 31.78 31.46 31.64 455,556 01:00:00

Radian Announces Redemption Price for 6.625% Senior Notes due 2025

15/03/2024 8:15pm

Business Wire


Radian (NYSE:RDN)
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Radian Group Inc. (NYSE: RDN) announced today that the redemption price of the Radian Group Inc. 6.625% Senior Notes due 2025 (CUSIP Number 750236AX9) (the “Notes”) will be 100.396 percent of the principal amount of Notes outstanding plus accrued and unpaid interest up to, but excluding, the redemption date. The principal amount of the Notes outstanding is $525,000,000, the aggregate redemption amount due is $527,079,000, and the accrued and unpaid interest is $386,458.33. The Notes will be redeemed in full, and on and after March 19, 2024, interest on the Notes will cease to accrue, and all rights of the holders of the Notes, except the right to receive the redemption price, will cease. Payment will be made to holders of the Notes on March 19, 2024, only upon presentation and surrender of the Notes to U.S. Bank Trust Company, National Association for cancellation.

About Radian Radian Group Inc. (NYSE: RDN) is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management and other real estate services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk.

For Investors John Damian – Phone: 215.231.1383 Email: john.damian@radian.com

For the Media Rashi Iyer – Phone: 215.231.1167 Email: rashi.iyer@radian.com

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