---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-102157"
form_type: "8-K"
ticker: "RDN"
cik: "0000890926"
company_name: "RADIAN GROUP INC"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:20:14.840156+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Radian amends $275M revolving credit facility to replace LIBOR with SOFR

## Summary
- Entered First Amendment to $275M unsecured revolver on April 12, 2023.
- Interest rate benchmark changed from LIBOR to Term SOFR plus 0.10% adjustment plus margin.
- No loans outstanding under the amended facility.
- All other terms of the credit agreement remain unchanged.

## SEC filing metadata
- accession: 0001193125-23-102157
- form_type: 8-K
- ticker: RDN
- cik: 0000890926
- company_name: RADIAN GROUP INC
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890926/000119312523102157/0001193125-23-102157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890926/000119312523102157/d499947d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-102157
- JSON: https://secwatch.observer/filing/0001193125-23-102157.json
- Plain text: https://secwatch.observer/filing/0001193125-23-102157.txt

## Key facts
- Material Agreements
  RADIAN GROUP INC amended First Amendment with Royal Bank of Canada, as Administrative Agent, U.S. Bank National Association, as Syndication Agent, RBC Capital Markets and U.S. Bank as Joint Lead Arrangers and Joint Book Runners, Associated Bank, National Association, as Documentation Agent, and certain other banks and financial institutions ser (effective 2023-04-12).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Royal Bank of Canada, as Administrative Agent, U.S. Bank National Association, as Syndication Agent, RBC Capital Markets and U.S. Bank as Joint Lead Arrangers and Joint Book Runners, Associated Bank, National Association, as Documentation Agent, and certain other banks and financial institutions ser
  - Effective: 2023-04-12
  source text: On April 12, 2023, Radian Group Inc. ("Radian") entered into the First Amendment ("First Amendment") to its $275 million unsecured revolving credit facility dated December 7, 2021 with Royal Bank of Canada, as Administrative Agent (the "Agent"), U.S. Bank National Association ("U.S. Bank"), as Syndication Agent, RBC Capital Markets and U.S. Bank as Joint Lead Arrangers and Joint Book Runners, Associated Bank, National Association, as Documentation Agent, and certain other banks and financial institutions serving as lenders (the "Credit Agreement" and as amended by the First Amendment, the "Amended Credit Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/890926/000119312523102157/0001193125-23-102157-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.