debt
confidence high
sentiment neutral
materiality 0.30
Radian extends $400M repurchase facility with Bank of Montreal to Sep 2025
RADIAN GROUP INC
- Radian Mortgage Capital and BMO extended the MRA termination date from Sep 25, 2024 to Sep 24, 2025.
- Maximum borrowing amount remains unchanged at $400 million under the BMO MRA.
- Radian Group's guaranty of Radian Mortgage Capital's obligations under the MRA was extended concurrently.
- All other material terms of the BMO MRA and Guaranty Agreement remain the same.