---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-040538"
form_type: "8-K"
ticker: "ORI"
cik: "0000074260"
company_name: "OLD REPUBLIC INTERNATIONAL CORP"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:46:31.697921+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Old Republic International prices $400M 5.750% Senior Notes due 2034

## Summary
- $400M aggregate principal, 5.750% interest, due March 28, 2034.
- Interest payable semi-annually on March 28 and September 28, starting Sept 28, 2024.
- Underwritten offering led by Morgan Stanley & Co. and PNC Capital Markets.
- Redeemable at par after Dec 28, 2033; make-whole at Treasury + 25 bps prior.
- Issued under base indenture with Wilmington Trust as trustee; eighth supplemental indenture.

## SEC filing metadata
- accession: 0001104659-24-040538
- form_type: 8-K
- ticker: ORI
- cik: 0000074260
- company_name: OLD REPUBLIC INTERNATIONAL CORP
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74260/000110465924040538/0001104659-24-040538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74260/000110465924040538/tm247009d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-040538
- JSON: https://secwatch.observer/filing/0001104659-24-040538.json
- Plain text: https://secwatch.observer/filing/0001104659-24-040538.txt

## Key facts
- Debt Financings
  OLD REPUBLIC INTERNATIONAL CORP incurred senior notes of $400,000,000 with Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters at 5.750% per annum maturing March 28, 2034.
  - Instrument: senior notes
  - Principal: $400,000,000
  - Counterparty: Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters
  - Rate: 5.750% per annum
  - Maturity: March 28, 2034
  - Event: incurrence
  source text: On March 25, 2024, Old Republic International Corporation (the “Company”) priced a registered underwritten public offering of 5.750% Senior Notes due 2034 in the aggregate principal amount of $400,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/74260/000110465924040538/0001104659-24-040538-index.htm
- Material Agreements
  OLD REPUBLIC INTERNATIONAL CORP entered into Eighth Supplemental Indenture with Wilmington Trust Company, as trustee valued at $400,000,000 (effective 2024-03-28).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust Company, as trustee
  - Value: $400,000,000
  - Effective: 2024-03-28
  source text: The Company issued the Notes under an indenture dated as of August 15, 1992 (the “Base Indenture”), as supplemented by an eighth supplemental indenture dated as of March 28, 2024 (the “Eighth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), each between the Company and Wilmington Trust Company, as trustee (the “Trustee”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/74260/000110465924040538/0001104659-24-040538-index.htm
- Material Agreements
  OLD REPUBLIC INTERNATIONAL CORP entered into Underwriting Agreement with Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters valued at $400,000,000 (effective 2024-03-25).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters
  - Value: $400,000,000
  - Effective: 2024-03-25
  source text: On March 25, 2024, Old Republic International Corporation (the “Company”) priced a registered underwritten public offering of 5.750% Senior Notes due 2034 in the aggregate principal amount of $400,000,000 (the “Notes”) to be sold pursuant to an underwriting agreement that was entered into among the Company, and Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named therein, dated March 25, 2024 (the “Underwriting Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/74260/000110465924040538/0001104659-24-040538-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
