Moody’s rates Radian notes Ba1

Moody’s Investors Service said it assigned a Ba1 rating to $525 million of 6 5/8% senior unsecured notes due 2025 to be sold by Radian Group Inc.

Proceeds will be used for general corporate purposes, which may include future contributions to Radian’s insurance subsidiaries.

The outlook on Radian and its affiliates is stable.

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