Edition:
India

Radian Group Inc (RDN.N)

RDN.N on New York Stock Exchange

15.50USD
23 Apr 2018
Change (% chg)

$-0.09 (-0.58%)
Prev Close
$15.59
Open
$15.70
Day's High
$15.82
Day's Low
$15.47
Volume
329,437
Avg. Vol
449,411
52-wk High
$23.47
52-wk Low
$14.93

Latest Key Developments (Source: Significant Developments)

RADIAN SELLS CLAYTON EURORISK AND EXITS SERVICES OPERATIONS IN EUROPE
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Radian Group Inc ::RADIAN PROVIDES UPDATE ON RESTRUCTURING OF SERVICES BUSINESS.RADIAN GROUP INC - ‍COMPANY SELLS CLAYTON EURORISK AND EXITS SERVICES OPERATIONS IN EUROPE​.RADIAN GROUP INC - ‍RADIAN NO LONGER OFFERS PRODUCTS AND SERVICES FOR ITS MORTGAGE AND REAL ESTATE SERVICES BUSINESS IN EUROPE​.  Full Article

Radian enters into three-year, $225 mln unsecured revolving credit facility​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Radian Group Inc ::Radian improves financial flexibility, strengthens capital structure and provides update on restructuring of services business.Radian Group Inc - ‍on October 16, 2017, Radian entered into a three-year, $225 million unsecured revolving credit facility​.Radian Group Inc - ‍terms of credit facility include an option to increase capacity during term of agreement, up to a total of $300 million​.Radian Group - ‍committed to a estructuring plan for services segment and expects to incur pretax charges of approximately $12 million in Q3​.Radian Group Inc - ‍as part of restructuring plan, Radian has eliminated position of president of services business​.Radian - ‍additional pretax charges of about $8 million are expected to be recognized related to restructuring of services segment​ within next 12 months.  Full Article

Radian announces redemption price for 9.000% senior notes due 2017
Thursday, 11 Aug 2016 

Radian Group Inc : Redemption price for notes will be 106.668 percent of principal amount of notes outstanding, plus accrued interest .Radian announces redemption price for 9.000% senior notes due 2017.  Full Article

Radian Group enhances liquidity position
Wednesday, 6 Jul 2016 

Radian Group Inc : Radian enhances liquidity position and accelerates capital plan . Enhances holding company liquidity by redeeming $325 million surplus note . On June 30, Radian Guaranty Inc., its mortgage insurance subsidiary, redeemed its $325 million surplus note due to Radian Group . Board authorizes $125 million share repurchase program and early redemption of $196 million of senior notes . Company plans to utilize a portion of its liquidity in order to accelerate its capital plan . Radian remains in compliance with Pmiers .As of June 30, 2016, estimates Radian Guaranty's available assets exceed minimum required assets by about $150 - 200 million.  Full Article

Radian Group CEO Ibrahim to retire in December 2017
Wednesday, 18 May 2016 

Radian Group : Committee has employed assistance of spencer stuart, and will take into consideration internal as well as external candidates . Radian group inc says board has appointed a special committee to commence a search for his successor .Radian ceo s.a. Ibrahim to retire in december 2017.  Full Article

BRIEF-Radian Group Reports Q4 EPS $0.03

* RADIAN ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS