fbpx

Radian Announces Redemption Price for 5.250% Senior Notes Due 2020

PHILADELPHIA–(BUSINESS WIRE)–Radian Group Inc. (NYSE: RDN) announced today that the redemption price of the Radian Group Inc. 5.250% Senior Notes due 2020 (CUSIP Number 750236AS0) (the “Notes”) will be 102.446 percent of the principal amount of Notes outstanding plus accrued interest. The principal amount of the Notes outstanding is $26,959,000, and the aggregate redemption amount due is $27,775,735.12, which includes accrued interest through the redemption date. The Notes will be redeemed in full, and on and after July 25, 2019, 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 July 25, 2019, only upon presentation and surrender of the Notes to U.S. Bank National Association for cancellation.

About Radian

Radian 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, real estate, and title services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Learn more about Radian’s financial strength and flexibility at www.radian.biz and visit www.radian.com to see how Radian is shaping the future of mortgage and real estate services.

Contacts

Emily Riley – Phone: 215.231.1035

Email: [email protected]

leverton

I have been involved with publishing and marketing for the past 37 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard. For people who love to save money and earn while saving, there is a new program called the r network. You are provided with a card that entitles the user to automatic savings on more than 300,000 products. Learn more about the revv card today. This is by invitation only to be some of the first people to get this card. I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice". Contact me directly at [email protected] for scheduling information.

You May Also Like