Radian Group funds Inigo acquisition with intercompany note

Radian Group ( (RDN) ) has issued an update.

On December 29, 2025, Radian Group Inc. entered into a $600 million, ten-year intercompany note with its wholly owned subsidiary Radian Guaranty Inc., bearing interest at 6.50% annually, to help fund the purchase price for its planned acquisition of U.K.-based Inigo Limited, which the company expects to close in February 2026, subject to customary conditions. The note, approved by the Pennsylvania Insurance Department, comes with enhanced regulatory reporting and liquidity protections, including a requirement that Radian prepay the note if Radian Guaranty needs funds to meet policyholder obligations, prior regulatory approval for all Radian Guaranty dividends for at least three years, and a minimum policyholders’ surplus of $500 million, underscoring tighter oversight as Radian pursues its expansion strategy.

The most recent analyst rating on (RDN) stock is a Hold with a $41.00 price target. To see the full list of analyst forecasts on Radian Group stock, see the RDN Stock Forecast page.

Spark’s Take on RDN Stock

According to Spark, TipRanks’ AI Analyst, RDN is a Neutral.

Radian Group’s overall stock score reflects strong earnings call insights and attractive valuation, offset by mixed financial performance and technical analysis signals. The strategic acquisition of Inigo and robust profitability metrics are key strengths, while cash flow issues and strategic shifts pose risks.

To see Spark’s full report on RDN stock, click here.

More about Radian Group

Radian Group Inc. is a financial services company operating through subsidiaries such as Radian Guaranty Inc., focusing on insurance and risk management solutions for policyholders, with operations regulated in part by the Pennsylvania Insurance Department.

Average Trading Volume: 831,294

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.94B

For detailed information about RDN stock, go to TipRanks’ Stock Analysis page.