THE PMI GROUP, INC AND SUBSIDIARIES UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL INFORMATIONPmi Group Inc • October 28th, 2008 • Surety insurance
On October 22, 2008, pursuant to a Share Sale Agreement (the “Sale Agreement”) entered into by and among PMI Mortgage Insurance Co. (“MIC”), a wholly-owned subsidiary of The PMI Group, Inc. (the “Company”), QBE Holdings (AAP) Pty Limited and QBE Insurance Group (“QBE”), MIC sold all of the issued and outstanding shares of PMI Mortgage Insurance Australia (Holdings) Pty Limited (“PMI Australia”), to QBE. The following unaudited pro forma consolidated financial statements of The PMI Group, Inc. give effect to this transaction.
Note Deed Date Parties RecitalsPmi Group Inc • October 28th, 2008 • Surety insurance • New South Wales
A The Note Issuer, QBE Holdings (AAP) Pty Limited (the Purchaser) and the Noteholder are parties to a Share Sale Agreement dated 14 August 2008, pursuant to which the Purchaser has agreed to purchase all of the shares in PMI Mortgage Insurance Australia (Holdings) Pty Limited ABN 98 087 483 958 (the Share Sale Agreement).
Second Amendment Agreement Date 2008 Parties RecitalsPmi Group Inc • October 28th, 2008 • Surety insurance • New South Wales
A The Vendor, the Purchaser and the Note Issuer are parties to a Share Sale Agreement dated 14 August 2008 (the Principal Share Sale Agreement) under which the Vendor has agreed to sell to the Purchaser all of the issued shares in PMI Mortgage Insurance Australia (Holdings) Pty Limited on the terms set out in the Principal Share Sale Agreement.
