MGIC Investment Corp. (MTG)

[tommiegun54]

$202 MILLION WAS ADDED TO MGIC EQUITY IN Q2 17'FROM STOCK ISSUANCE

$202 MILLION WAS ADDED TO shareholders equity, $202 stock and 29 million shares issued were already accounted for in stock dilution share count. $5 MILLION in cash was used to retire 2% note balance.

$502 MILLION in debt was removed from HOLDING company debt subsequent to March 31, 2017 QUARTER. $150 revolving credit line pay down and 5% note balance of $145 MILLION payoff were included.


(See page 48 of SEC 10Q March 31, 2017 for details)