PHILADELPHIA–(BUSINESS WIRE)–Radian Group Inc. (NYSE: RDN) today provided an update on three
strategic actions designed to strengthen the companys financial
position, improve its debt maturity profile, grow sustainable revenues
and profitability in its Mortgage and Real Estate Services business, and
increase stockholder value. These three actions are outlined below:
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On October 16, 2017, Radian entered into a three-year, $225 million
unsecured revolving credit facility with a panel of banks led by Royal
Bank of Canada and U.S. Bank. Borrowings under the credit facility may
be used for working capital and general corporate purposes, including,
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