With enough capital to bring risk to capital down to 22 to 1 and profits; MGIC will be AA investment grade with a "improving Outlook".
The fist bond payment is November 2015 for $100 million.
Profits slated for as soon as Q1 2013.
Sentiment: Strong Buy
tommie, can you comment on this?
Only 350k shares available left to short says IB
Name MGIC Investment Corp
Number of Lenders with Inventory 7
Symbol @ Exchange MTG @ NYSE
ISIN Code XXXXXXX81030
Country United States
Available 350'000 shares