Milbank LLP advised the financing sources, led by Royal Bank of Canada and Citizens Bank, in connection with a new $500 million revolving credit facility for Radian Group Inc. (“Radian”) (NYSE: RDN).The facility is intended to support Radian’s working capital needs, general corporate purposes and growth initiatives. Radian is a leading US private mortgage issuer.
The Milbank team was led by New York-based Global Leveraged Finance partner Meir Hornung.