secwatch.observer — SEC 8-K summary
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Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001193125-24-057914
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian completes $625M 6.200% senior notes due 2029; calls $525M 2025 notes
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- Issued $625M of 6.200% senior notes due May 15, 2029; net proceeds ~$616.8M.
- Will redeem all $525M of outstanding 6.625% senior notes due 2025 on March 19, 2024.
- Balance of proceeds plus cash on hand for general corporate purposes, including possible 4.500% notes due 2024.
- Notes are unsecured senior obligations; redeemable at Treasury plus 30bps before April 15, 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312524057914/0001193125-24-057914-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312524057914/d766981d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-057914

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