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| RDN > SEC Filings for RDN > Form 8-K on 17-Dec-2012 | All Recent SEC Filings |
17-Dec-2012
Other Events, Financial Statements and Exhibits
On December 17, 2012, Radian Group Inc. issued a press release announcing the early results of an offer to eligible holders to exchange any and all of its outstanding 5.375% Senior Notes due June 15, 2015 (the "Old Notes") for a new series of 9.000% Senior Notes due June 15, 2017 (the "New Notes") and additional cash consideration, in certain circumstances (the "Exchange Offer"), for purposes of improving its debt maturity profile. As noted in the press release, of the $250 million aggregate principal amount of the Old Notes that was outstanding as of December 3, 2012, the commencement date of the Exchange Offer, $195,157,000 aggregate principal amount has been validly tendered for exchange, as of 5:00 p.m., New York City time, on December 14, 2012. 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 memorandum, 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.
(d) Exhibits
99.1* Radian Group Inc. Press Release dated December 17, 2012.
* Furnished herewith.
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