I recieved a notice from TDAmeritrade that Radian Group wants to pay $100,000,000 to buy back all bonds issued under Cusip 750236AH4. They are ding this via a modified Dutch Auction and asking bond holders to surrender their bonds for not greater than $860 or less than $780 each.I'm reluctant to surrender the five bonds I hold for less than face (due Feb. 15,2013) as Radian has not missed any interest payment (5.625%)to date. But the bond has gone from Investment to Junk in the time that I've held it.Any advice as to accepting the offer would be appreciated.I'd also like to know how I can find out the total amount of this bond that is still outstanding if possible.Thanks for any (kindly) help,Craig
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