form8k-note.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
CURRENT REPORT
 
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
Date of Report (Date of earliest event reported): July 15, 2010
 
 
Triad Guaranty Inc.
(Exact name of registrant as specified in its charter)
 
 
 
 
 
Delaware
 
0-22342
 
56-1838519
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)


101 South Stratford Road
Winston-Salem, North Carolina 27104
(Address of principal executive offices) (zip code)

(336) 723-1282
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report.)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 



 
 

 

Item 8.01.
Other Events.
 
During the period July 15-19, 2010, Triad Guaranty Inc. (the “Company”) completed the repurchase and early retirement (the “Repurchase Transactions”) of $35,000,000 aggregate principal amount of 7.90% Notes due January 15, 2028 (the “Notes”) for an aggregate purchase price of approximately $4.9 million.  The Notes were issued pursuant to the terms of that certain Indenture dated as of January 15, 1998 between the Company and Deutsche Bank Trust Company Americas (successor to Bankers Trust Company), as trustee (the “Indenture”).
 
Following the completion of the Repurchase Transactions, none of the Notes issued pursuant to the Indenture remain outstanding.



SIGNATURES

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


   
Triad Guaranty Inc.
       
July 20, 2010  
 /s/ Kenneth S. Dwyer
 
 
Kenneth S. Dwyer
Vice President and Chief Accounting Officer