RADIAN GROUP INC (RDN): debt financing — Radian expands JPMorgan repurchase facility to $500M, extends to Aug 2026

RADIAN GROUP INC

Amendment No. 3 raises maximum borrowing under JPMorgan MRA from $400M to $500M.
Termination date of facility extended to August 27, 2026 from prior August 28, 2025.
Parent guarantee by Radian Group Inc. reaffirmed; other material terms unchanged.
Facility finances Radian Mortgage Capital's acquisition of residential mortgage loans.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RADIAN GROUP INC amended credit facility of $500 million with JPMorgan Chase Bank, National Association maturing August 27, 2026.

Instrument: credit facility
Principal: $500 million
Counterparty: JPMorgan Chase Bank, National Association
Maturity: August 27, 2026
Event: amendment

Exact text from the filing

to JPMorgan Chase Bank, National Association (“JPMorgan”), as administrative agent, effective as of July 22, 2024) to finance the acquisition of mortgage loans and related mortgage loan assets (the “JP Morgan MRA”).

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Source: SEC EDGAR

accession 0001193125-25-194968

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