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BRIEF-Radian announces redemption of its 2.25% convertible senior notes due 2019

Nov 28 Radian Group Inc

* Radian announces redemption of its 2.25% convertible senior notes due 2019

* Radian group-exercising option to redeem 2.25% convertible senior notes due 2019 of which aggregate principal amount of about $68.0 million is outstanding

* Radian group inc- redemption price is equal to $1,000 per $1,000 principal amount of notes, plus accrued and unpaid interest

* Radian group inc- has elected to settle all notes surrendered for conversion or redemption with cash

* Radian group inc- expects to fund payment of redemption, as well as any notes surrendered for conversion, using available liquidity Source text for Eikon: Further company coverage:

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