Reinsurers Largely Positive on Equity Offerings, Data, Litigation (MBI) (RDN) (MTG)
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Go back to Reinsurers Largely Positive on Equity Offerings, Data, Litigation (MBI) (RDN) (MTG)
March 5, 2013 4:13 PM EST
MGIC Investment Corp. (NYSE: MTG) announced today that it has commenced a public offering of 135 million shares of its common stock and $350 million aggregate principal amount of its convertible senior notes due 2020. The convertible senior notes will be convertible into shares of the Company's... More
March 4, 2013 1:02 PM EST
MBIA, Inc. (NYSE: MBI) shares are rocking today following headlines that the company defeated a Bank of America (NYSE: BAC) lawsuit over the 2009 restructuring of the company.
According to headlines, a New York state judge denied a... More
February 25, 2013 4:23 PM EST
Radian Group Inc. (NYSE: RDN) announced today that it has commenced two separate underwritten public offerings of up to 30 million shares of its common stock (the Common Stock Offering) and $200 million aggregate principal amount of its convertible senior notes due 2019 (the Convertible Notes Offering and, collectively with the Common Stock Offering, the Offerings). The convertible senior notes will be convertible into... More
