secwatch.observer — SEC 8-K summary
======================================

Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001193125-25-272396
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian Group enters $500M revolving credit facility, maturing Nov 4, 2030
-------------------------------------------------------------------------

- Unsecured revolving credit facility with $500M committed borrowing availability and $100M standby LC sub-facility.
- Accordion feature permits up to $250M additional capacity via term loans or delayed draw term loans, subject to conditions.
- Credit Agreement amends and restates prior December 2021 credit agreement; no loans currently outstanding.
- Interest margins range from 0.125%-1.500% (base rate) and 1.125%-2.500% (SOFR), depending on debt rating.
- Commitment fees range from 0.150% to 0.450% per annum, also based on senior unsecured debt rating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312525272396/0001193125-25-272396-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312525272396/d37391d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-272396

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer