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Prospect News home > News index > List of issuers Tenders > Headlines for 2022 > News item
Published on 6/14/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

MGIC Investment to redeem 5¾% notes due 2023 on July 15

By Rebecca Melvin

Concord, N.H., June 14 – MGIC Investment Corp. is exercising its option to redeem all of its outstanding 5¾% senior notes due 2023, according to a company news release on Tuesday.

The redemption date is July 15, and the redemption price is equal to par plus a make-whole premium and accrued and unpaid interest to, but excluding, the redemption date.

Currently there is $242.3 million aggregate principal amount of the notes outstanding.

The mortgage insurance provider is based in Milwaukee.


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