{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-269392","form_type":"8-K","ticker":"MCY","cik":"0000064996","company_name":"MERCURY GENERAL CORP","filed_at":"2026-06-12T20:06:39+00:00","discovered_at":"2026-06-12T20:08:00.291702+00:00","generated_at":"2026-06-12T20:20:25.901581+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mercury General completes $525M 6.250% Senior Notes due 2036 offering","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-269392","json":"https://secwatch.observer/filing/0001193125-26-269392.json","markdown":"https://secwatch.observer/filing/0001193125-26-269392.md","text":"https://secwatch.observer/filing/0001193125-26-269392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/64996/000119312526269392/0001193125-26-269392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/64996/000119312526269392/d146636d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T20:20:25.901581+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":"82f76bfbf0c5271912c499d12b88e9d42be617d4","claim":"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.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/64996/000119312526269392/0001193125-26-269392-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$525.0 million"},{"label":"Counterparty","value":"Wilmington Trust, National Association (as Trustee)"},{"label":"Rate","value":"6.250% per annum"},{"label":"Maturity","value":"June 15, 2036"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"06b40038d23facbf7e444cd2765fe999bd57fc5e","claim":"MERCURY GENERAL CORP amended Fourth Amendment to Amended and Restated Credit Agreement with Bank of America, N.A. (effective 2026-06-12).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/64996/000119312526269392/0001193125-26-269392-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Effective","value":"2026-06-12"}],"fact_type":"material_agreement"},{"claim_id":"6a077c462748274907f4515999b63d27e70446b7","claim":"MERCURY GENERAL CORP entered into Indenture with Wilmington Trust, National Association valued at $525.0 million (effective 2026-06-12).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/64996/000119312526269392/0001193125-26-269392-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Value","value":"$525.0 million"},{"label":"Effective","value":"2026-06-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}