MERCURY GENERAL CORP (MCY): debt financing — Mercury General completes $525M 6.250% Senior Notes due 2036 offering

MERCURY GENERAL CORP

Issued $525M aggregate principal of 6.250% Senior Notes at 99.764% of par, maturing June 15, 2036.
Interest payable semi-annually on June 15 and Dec 15, commencing Dec 15, 2026.
Notes are unsecured senior obligations, ranking equally with existing and future unsecured senior debt.
Entered into Fourth Amendment to credit agreement to permit the notes and future refinancings up to $750M.
Underwriting agreement signed with BofA Securities, Wells Fargo Securities, and Raymond James.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MERCURY GENERAL CORP incurred senior notes of $525.0 million with Wilmington Trust, National Association (as Trustee) at 6.250% per annum maturing June 15, 2036.

Instrument: senior notes
Principal: $525.0 million
Counterparty: Wilmington Trust, National Association (as Trustee)
Rate: 6.250% per annum
Maturity: June 15, 2036
Event: incurrence

Exact text from the filing

On June 12, 2026, Mercury General Corporation (the “Company”) completed a public offering of $525.0 million aggregate principal amount of its 6.250% Senior Notes due 2036 (the “Notes”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MERCURY GENERAL CORP amended Fourth Amendment to Amended and Restated Credit Agreement with Bank of America, N.A. (effective 2026-06-12).

Action: amendment
Agreement: credit facility
Counterparty: Bank of America, N.A.
Effective: 2026-06-12

Exact text from the filing

On June 12, 2026, the Company entered into a Fourth Amendment to Amended and Restated Credit Agreement (the “Amendment”) with Bank of America, N.A., as administrative agent, and the lenders party thereto.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MERCURY GENERAL CORP entered into Indenture with Wilmington Trust, National Association valued at $525.0 million (effective 2026-06-12).

Action: entry
Agreement: notes offering
Counterparty: Wilmington Trust, National Association
Value: $525.0 million
Effective: 2026-06-12

Exact text from the filing

On June 12, 2026, Mercury General Corporation (the “Company”) completed a public offering of $525.0 million aggregate principal amount of its 6.250% Senior Notes due 2036 (the “Notes”).

View on SEC.gov

295 debt financings filed in the last 30 days. Browse all debt financings →

MERCURY GENERAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-269392

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