Radian Group’s Inigo Expands Letter-of-Credit Facility to $880 Million

Bitget2026/11/03 21:47

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Radian Group's subsidiary Inigo Corporate Member increased its letter of credit facility to $880 million from $620 million on October 29, 2026.
The parent replaced Inigo Limited as guarantor under the amended facility. Barclays Bank serves as facility agent.
The facility supports the subsidiary's Lloyd's underwriting for the 2027 underwriting year and prior open years.
Letters of credit have a minimum four-year term, expiring no later than December 31, 2030.
A facility default could trigger defaults under the parent's revolving credit facility and outstanding senior notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radian Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-445390), on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Radian Group’s Inigo Expands Letter-of-Credit Facility to $880 Million

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