Brief: Radian Group Inc, RMC And BMO Enter Into Amendment No. 1 To Amend Master Repurchase Agreement Dated Sept 28, 2022

Radian

18/04/2023 22:35

April 18 (Reuters) - Radian Group Inc  RDN.N :
    * RADIAN GROUP INC - ON APRIL 17, RMC, CO AND BMO ENTERED
INTO
AMENDMENT NO. 1 TO AMEND MASTER REPURCHASE AGREEMENT DATED
SEPTEMBER 28, 2022
    * RADIAN GROUP INC - PURSUANT AMENDMENT, RMC VOLUNTARILY
REDUCED
SIZE OF MORTGAGE LOAN PURCHASE FACILITY FROM $300 MILLION TO
$150 MILLION
    * RADIAN GROUP INC - ENTERED INTO AMENDMENT SOLELY FOR
PURPOSE OF
REAFFIRMING ITS GUARANTY OF RMC'S OBLIGATIONS UNDER MRA
    * RADIAN GROUP INC - OTHER THAN FOREGOING, TERMS OF MRA AND
GUARANTY AGREEMENT REMAIN UNCHANGED

Source: (https://shorturl.at/uEKST)
Further company coverage:  RDN.N 

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