debt
confidence high
sentiment neutral
materiality 0.65
HANOVER INSURANCE GROUP, INC. (THG): debt financing — Hanover Insurance prices $500M 5.50% senior notes due 2035, to refinance near-term debt
HANOVER INSURANCE GROUP, INC.
- $500M of 5.50% senior notes due Sept 1, 2035 priced on Aug 19, 2025.
- Proceeds to repay 7.625% notes due Oct 2025 and 4.500% notes due Apr 2026.
- Closing expected Aug 21, 2025; joint book-runners: Goldman Sachs, J.P. Morgan, Morgan Stanley.