Radian Group enters $500 million unsecured revolving credit facility maturing in 2030
Radian Group Inc. entered into a new unsecured revolving credit agreement on November 4, 2025, with Royal Bank of Canada as administrative agent, replacing its prior credit agreement dated December 7, 2021. The facility offers $500 million of committed borrowing and an accordion feature for up to $250 million more, and it matures on November 4, 2030. No loans are currently outstanding under the agreement.
Key points
- Committed borrowing availability of $500 million, including a standby letter of credit sub-facility of up to $100 million
- Accordion feature allows Radian to increase total borrowing capacity by $250 million, subject to conditions
- Maturity date of November 4, 2030; no loans currently outstanding
- Interest priced at SOFR plus 1.125% to 2.500% or alternate base rate plus 0.125% to 1.500%, based on Radian's debt rating
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.