Current Report Filing (8-k)
December 03 2012 - 8:15AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of report (Date of earliest event reported) December 3, 2012
Radian Group Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
1-11356
|
23-2691170
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
1601
Market Street, Philadelphia, Pennsylvania
|
19103
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
(215) 231 - 1000
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions
(
see
General
Instruction A.2. below)
:
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 8.01. Other Events.
On December 3, 2012, Radian Group Inc. issued a press release announcing
the commencement of an offer to eligible holders to exchange any and all
of its outstanding 5.375% Senior Notes due June 2015 (“Old Notes”) for a
new series of 9.000% Senior Notes due June 2017 and additional cash
consideration, in certain circumstances (the “Exchange Offer”), for
purposes of improving its debt maturity profile. As noted in the press
release, $250 million aggregate principal amount of the Old Notes are
outstanding and one of the holders of the Old Notes has agreed to
tender, subject to customary conditions, an aggregate principal amount
of $167 million of such notes in the Exchange Offer. A copy of this
press release is furnished as Exhibit 99.1 to this Current Report on
Form 8–K.
This disclosure does not constitute an offer to purchase, the
solicitation of an offer to purchase, or a solicitation of tenders. This
disclosure is subject in all respects to the terms and conditions set
forth in the Offer to Exchange, dated December 3, 2012, and in the
related Letter of Transmittal (the “Offering Documents”). The Exchange
Offer is not being made in any jurisdiction in which the making or
acceptance thereof would not be in compliance with the securities, blue
sky or other laws of such jurisdiction. No recommendation is made as to
whether or not holders of Old Notes should exchange their Old Notes
pursuant to the Exchange Offer. The Exchange Offer is being made solely
pursuant to the Offering Documents, which more fully set forth and
govern the terms and conditions of the Exchange Offer. The Offering
Documents contain important information and should be read carefully
before any decision is made with respect to the Exchange Offer.
Item 9.01. Financial Statements and Exhibits.
(d)
|
Exhibits
|
|
|
99.1*
|
Radian Group Inc. Press Release dated December 3, 2012.
|
__________________
* Furnished herewith
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
RADIAN GROUP INC.
|
|
|
(Registrant)
|
|
|
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Date:
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December 3, 2012
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By:
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/s/ C. Robert Quint
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|
|
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C. Robert Quint
|
|
|
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Chief Financial Officer
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EXHIBIT INDEX
Exhibit No.
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|
Description
|
|
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99.1*
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Radian Group Inc. Press Release dated December 3, 2012.
|
* Furnished herewith.
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