secwatch.observer — SEC 8-K summary
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Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001193125-25-112820
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian Group guarantees $125M mortgage repurchase facility for subsidiary with Everbank
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- Radian Mortgage Capital LLC entered a $125M uncommitted Master Repurchase Agreement with Everbank.
- Facility expires April 29, 2026, and is used to finance residential mortgage loan acquisitions.
- Radian Group Inc. fully guarantees subsidiary's obligations under a Parent Guaranty.
- Parent Guaranty includes financial covenants: minimum $25M liquid assets, net worth, and debt-to-capital ratio.
- Covenants are generally consistent with Radian's existing revolving credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312525112820/0001193125-25-112820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312525112820/d807140d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-112820

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