secwatch.observer — SEC 8-K summary
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Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0001193125-25-335467
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian enters $600M intercompany note at 6.5% to fund Inigo acquisition, closing in Feb 2026
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- $600M intercompany note, 10-year term, 6.50% interest, from Radian Guaranty Inc. to Radian Group.
- Proceeds to fund part of Inigo Limited purchase price; acquisition expected to close in February 2026.
- Pennsylvania Insurance Department approved note; conditions include enhanced reporting and prepayment if needed.
- RGI must maintain minimum $500M policyholders' surplus; dividend restrictions for at least three years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312525335467/0001193125-25-335467-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312525335467/d16229d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-335467

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