---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-281118"
form_type: "8-K"
ticker: "MCY"
cik: "0000064996"
company_name: "MERCURY GENERAL CORP"
filed_at: "2026-06-24T20:27:28+00:00"
generated_at: "2026-06-24T20:28:13.532210+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Mercury General enters $250M unsecured revolving credit facility, maturing 2031

## Summary
- Second Amended and Restated Credit Agreement provides $250M unsecured revolving facility, matures June 24, 2031.
- Replaces existing March 2021 credit facility; proceeds for general corporate purposes.
- Interest margins: 1.00%-1.50% (Term SOFR) or 0.00%-0.50% (Base Rate) based on debt-to-capital ratio.
- Financial covenants: minimum equity $1.55B+25% net income, debt/capital ≤35%, RBC ratio ≥150%.

## SEC filing metadata
- accession: 0001193125-26-281118
- form_type: 8-K
- ticker: MCY
- cik: 0000064996
- company_name: MERCURY GENERAL CORP
- filed_at: 2026-06-24T20:27:28+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64996/000119312526281118/0001193125-26-281118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64996/000119312526281118/d811201d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-281118
- JSON: https://secwatch.observer/filing/0001193125-26-281118.json
- Plain text: https://secwatch.observer/filing/0001193125-26-281118.txt

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