{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-033859","form_type":"8-K","ticker":"THG","cik":"0000944695","company_name":"HANOVER INSURANCE GROUP, INC.","filed_at":"2023-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.100930+00:00","generated_at":"2026-06-13T05:18:15.532448+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Hanover Insurance enters $150M revolving credit facility, replaces 2019 agreement","bullets":["New unsecured revolving credit facility provides $150M, expandable to $300M in $10M increments.","Matures July 21, 2028, with option to extend one year upon lender approval.","Replaces and terminates prior $150M credit agreement dated April 30, 2019.","Interest rates based on debt ratings: ABR margin 0.125%-0.625%, Term SOFR margin 1.125%-1.625%.","Financial covenants require minimum net worth and leverage ratio; no minimum risk-based capital requirement."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-033859","json":"https://secwatch.observer/filing/0000950170-23-033859.json","markdown":"https://secwatch.observer/filing/0000950170-23-033859.md","text":"https://secwatch.observer/filing/0000950170-23-033859.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/944695/000095017023033859/0000950170-23-033859-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/944695/000095017023033859/thg-20230721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:18:15.532448+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3161242e0b8168d22bf0a545e1dc28fa92aca559","claim":"HANOVER INSURANCE GROUP, INC. terminated Prior Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and various other lender parties (effective 2023-07-21).","evidence_excerpt":"Concurrent with the Company’s entry into the New Credit Agreement, the Company voluntarily terminated the Prior Credit Agreement, as amended.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/944695/000095017023033859/0000950170-23-033859-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent, and various other lender parties"},{"label":"Effective","value":"2023-07-21"}],"fact_type":"material_agreement"},{"claim_id":"c47fd3c97dd350323a44e5f3ea2cebb204cc9225","claim":"HANOVER INSURANCE GROUP, INC. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, Truist Bank and PNC Bank, National Association, as co-syndication agents, Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as co-documentation agents, and JPMorgan Chase Bank, N.A., PNC Capital Markets LLC and Truist Securities, Inc. valued at $150,000,000 (effective 2023-07-21).","evidence_excerpt":"On July 21, 2023, The Hanover Insurance Group, Inc. (the “Company”), as Borrower, entered into a Credit Agreement (the “New Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, Truist Bank and PNC Bank, National Association, as co-syndication agents, Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as co-documentation agents, and JPMorgan Chase Bank, N.A., PNC Capital Markets LLC and Truist Securities, Inc., as joint bookrunners and joint lead arrangers.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/944695/000095017023033859/0000950170-23-033859-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent, Truist Bank and PNC Bank, National Association, as co-syndication agents, Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as co-documentation agents, and JPMorgan Chase Bank, N.A., PNC Capital Markets LLC and Truist Securities, Inc."},{"label":"Value","value":"$150,000,000"},{"label":"Effective","value":"2023-07-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}