Radian Announces Redemption Price for 5.250% Senior Notes Due 2020
24 July 2019 - 6:30AM
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190723005901/en/
Emily Riley – Phone: 215.231.1035 Email:
emily.riley@radian.com
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