Radian Announces Increase in Price Range for Tender Offer for 5.625% Senior Notes Due 2013

Radian Group Inc. RDN today announced that it has amended its previously announced “Modified Dutch Auction” tender offer for a portion of its outstanding 5.625% Senior Notes Due 2013 to increase the Maximum Bid Price from $860 per $1,000 principal amount of Notes to $900 per $1,000 principal amount of Notes. The maximum aggregate payment amount of the Tender Offer remains unchanged at $100 million, and the deadlines with respect to the Tender Offer, including the Expiration Time, the Early Participation Time and the Withdrawal Deadline also remain unchanged.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsOfferings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!