04:37 PM EDT, 03/15/2024 (MT Newswires) -- Radian Group ( RDN ) said Friday that the redemption price for its 6.625% senior notes due 2025 will be 100.396% of the principal amount in addition to accrued and unpaid interest.

The principal amount outstanding for the notes is $525 million with an aggregate redemption amount of about $527.1 million, the company added.

Accrued and unpaid interest on the notes is nearly $386.5 million, according to Radian.

The company said all notes will be redeemed on and after March 19.

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