Mgic investment corporation announces redemption of outstanding 9.00% convertible junior subordinated debentures due 2063

Milwaukee , aug. 28, 2023 /prnewswire/ -- mgic investment corporation (nyse: mtg) today announced that it has exercised its option to redeem all of its outstanding 9.00% convertible junior subordinated debentures due 2063 (the "debentures"). the redemption date is september 20, 2023, and the redemption price is equal to the principal amount of the debentures being redeemed plus any accrued and unpaid interest.
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