Radian Group Inc., a Philadelphia mortgage insurer, priced a 50m-share offering of common stock at $11 a share and said it expected proceeds after expenses to be $526m. The underwriters have the option to buy an additional 7.5m shares from the company at the same price. Radian said it planned to use the proceeds for working capital and general corporate purposes.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
