[8-K] The Hanover Insurance Group, Inc. Reports Material Event
The Hanover Insurance Group, Inc. entered into an underwriting agreement to sell $500 million aggregate principal amount of its 5.500% Notes due 2035. The offering was underwritten by Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as representatives of the several underwriters. The Notes were registered on Form S-3 and issued under the companys Base Indenture dated April 8, 2016, as supplemented by a Third Supplemental Indenture dated August 21, 2025. U.S. Bank Trust Company National Association (successor in interest to U.S. Bank National Association) is the trustee. Exhibits include the Underwriting Agreement, the Indenture and Third Supplemental Indenture, the form of security certificate, legal opinion and consent from Ropes & Gray LLP, and a company press release.
The Hanover Insurance Group, Inc. ha stipulato un accordo di sottoscrizione per la vendita di titoli per un ammontare complessivo di 500 milioni di dollari, rappresentati dalle proprie Note al 5,500% con scadenza 2035. L鈥檕fferta 猫 stata sottoscritta da Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC e Morgan Stanley & Co. LLC, in qualit脿 di rappresentanti dei vari sottoscrittori. Le Note sono state registrate con il modulo S-3 ed emesse ai sensi dell鈥橝tto di Obbligazione (Base Indenture) della societ脿 datato 8 aprile 2016, integrato dal Terzo Atto Integrativo (Third Supplemental Indenture) del 21 agosto 2025. Trustee 猫 U.S. Bank Trust Company National Association (successore di U.S. Bank National Association). Gli allegati comprendono l鈥橴nderwriting Agreement, l鈥橧ndenture e il Third Supplemental Indenture, il modello del certificato di titolarit脿, il parere legale e il consenso di Ropes & Gray LLP, oltre a un comunicato stampa della societ脿.
The Hanover Insurance Group, Inc. celebr贸 un acuerdo de suscripci贸n para vender un importe principal agregado de 500 millones de d贸lares en Notas al 5,500% con vencimiento en 2035. La colocaci贸n fue suscrita por Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC y Morgan Stanley & Co. LLC como representantes de los distintos suscriptores. Las Notas se registraron en el formulario S-3 y se emitieron conforme al Contrato de Fideicomiso (Base Indenture) de la compa帽铆a fechado el 8 de abril de 2016, complementado por un Tercer Complemento (Third Supplemental Indenture) con fecha 21 de agosto de 2025. Trustee es U.S. Bank Trust Company National Association (sucesora en inter茅s de U.S. Bank National Association). Los anexos incluyen el Acuerdo de Suscripci贸n, el Indenture y el Third Supplemental Indenture, el modelo de certificado de valores, la opini贸n legal y el consentimiento de Ropes & Gray LLP, y un comunicado de prensa de la compa帽铆a.
The Hanover Insurance Group, Inc.電� 2035雲� 毵岅赴 鞐� 5.500% 毂勱秾(齑濎暋 5鞏� 雼煬) 毵り皝鞚� 鞙勴暅 鞚胳垬瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞚措矆 瓿惦電� 鞐煬 鞚胳垬鞚鸽摛鞚� 雽�響滍晿電� Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC 氚� Morgan Stanley & Co. LLC臧� 鞚胳垬頄堨姷雼堧嫟. 頃措嫻 毂勱秾鞚� Form S-3鞐� 霌彪霅橃棃瓿�, 2016雲� 4鞗� 8鞚检瀽 須岇偓鞚� 旮半掣 鞚鸽嵈觳�(Base Indenture)鞐� 霐半澕 氚滍枆霅橃棃鞙茧┌ 2025雲� 8鞗� 21鞚检瀽 鞝�3彀� 氤挫订 鞚鸽嵈觳�(Third Supplemental Indenture)搿� 氤挫檮霅橃棃鞀惦媹雼�. 靾橅儊鞛愲姅 U.S. Bank Trust Company National Association(鞚挫爠 U.S. Bank National Association鞚� 甓岆Μ 鞀龟硠鞚�)鞛呺媹雼�. 觳秬 靹滊搿滊姅 鞚胳垬瓿勳暯靹�(Underwriting Agreement), 鞚鸽嵈觳� 氚� 鞝�3彀� 氤挫订 鞚鸽嵈觳�, 歃濌秾 歃濎劀 鞏戩嫕, 氩曤 鞚橁铂靹� 氚� Ropes & Gray LLP鞚� 霃欖潣靹�, 須岇偓 氤措弰鞛愲臧� 韽暔霅╇媹雼�.
The Hanover Insurance Group, Inc. a conclu un contrat de souscription pour vendre un montant principal global de 500 millions de dollars de ses billets 脿 5,500% 茅ch茅ant en 2035. L鈥檕ffre a 茅t茅 souscrite par Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC et Morgan Stanley & Co. LLC en tant que repr茅sentants des diff茅rents souscripteurs. Les billets ont 茅t茅 enregistr茅s sur le formulaire S-3 et 茅mis en vertu de l鈥橧ndenture de base (Base Indenture) de la soci茅t茅 dat茅e du 8 avril 2016, compl茅t茅e par une Third Supplemental Indenture dat茅e du 21 ao没t 2025. Le fiduciaire est U.S. Bank Trust Company National Association (successeur de U.S. Bank National Association). Les annexes comprennent l鈥橴nderwriting Agreement, l鈥橧ndenture et la Third Supplemental Indenture, le mod猫le du certificat de titre, l鈥檃vis juridique et le consentement de Ropes & Gray LLP, ainsi qu鈥檜n communiqu茅 de presse de la soci茅t茅.
The Hanover Insurance Group, Inc. hat einen Zeichnungsvertrag zum Verkauf von Schuldverschreibungen mit einem Gesamtnennbetrag von 500 Millionen US-Dollar der 5,500% Notes mit F盲lligkeit 2035 abgeschlossen. Das Angebot wurde von Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC und Morgan Stanley & Co. LLC als Vertreter der verschiedenen Zeichner underwritet. Die Notes wurden auf Formular S-3 registriert und gem盲脽 der Base Indenture der Gesellschaft vom 8. April 2016 sowie erg盲nzt durch eine Third Supplemental Indenture vom 21. August 2025 begeben. Treuh盲nder ist die U.S. Bank Trust Company National Association (Rechtsnachfolgerin von U.S. Bank National Association). Anlagen umfassen das Underwriting Agreement, die Indenture und die Third Supplemental Indenture, das Muster des Wertzertifikats, die rechtliche Stellungnahme und Zustimmung von Ropes & Gray LLP sowie eine Pressemitteilung des Unternehmens.
- Registered offering on Form S-3, indicating streamlined securities registration for the Notes
- $500 million principal amount of 5.500% Notes due 2035 successfully placed under an underwriting agreement
- Major underwriters (Goldman Sachs, J.P. Morgan, Morgan Stanley) served as representatives of the underwriting group
- Comprehensive documentation filed including underwriting agreement, supplemental indenture, form of security, and legal opinion
- Issuance of $500 million in long-term debt increases the companys obligations through maturity in 2035
- Filing does not disclose use of proceeds, so material effects on liquidity or capital structure are not stated
Insights
TL;DR: Hanover completed a $500M registered note issuance, adding long-term fixed-rate debt to its balance sheet.
The filing documents a registered offering of $500 million 5.500% senior notes due 2035, sold pursuant to an underwriting agreement led by three major bookrunners and issued under the companys existing indenture framework with a Third Supplemental Indenture dated August 21, 2025. The materials filed include customary legal opinions, the security form and trustee information, indicating a standard corporate bond issuance process. This is a clearly documented financing event, likely intended to raise long-term capital but the filing does not state use of proceeds or effects on leverage.
TL;DR: Documentation shows formal completion of a registered debt issuance with required legal and trustee records.
The 8-K attaches the underwriting agreement, indenture supplements and counsel opinions, fulfilling disclosure and legal formality expectations for a registered note issuance. Inclusion of the Ropes & Gray opinion and consent and the form of security certificate supports enforceability and compliance with the Registration Statement. The filing is procedural and comprehensive but does not disclose covenant specifics or any amendments to governance terms beyond the supplemental indenture reference.
The Hanover Insurance Group, Inc. ha stipulato un accordo di sottoscrizione per la vendita di titoli per un ammontare complessivo di 500 milioni di dollari, rappresentati dalle proprie Note al 5,500% con scadenza 2035. L鈥檕fferta 猫 stata sottoscritta da Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC e Morgan Stanley & Co. LLC, in qualit脿 di rappresentanti dei vari sottoscrittori. Le Note sono state registrate con il modulo S-3 ed emesse ai sensi dell鈥橝tto di Obbligazione (Base Indenture) della societ脿 datato 8 aprile 2016, integrato dal Terzo Atto Integrativo (Third Supplemental Indenture) del 21 agosto 2025. Trustee 猫 U.S. Bank Trust Company National Association (successore di U.S. Bank National Association). Gli allegati comprendono l鈥橴nderwriting Agreement, l鈥橧ndenture e il Third Supplemental Indenture, il modello del certificato di titolarit脿, il parere legale e il consenso di Ropes & Gray LLP, oltre a un comunicato stampa della societ脿.
The Hanover Insurance Group, Inc. celebr贸 un acuerdo de suscripci贸n para vender un importe principal agregado de 500 millones de d贸lares en Notas al 5,500% con vencimiento en 2035. La colocaci贸n fue suscrita por Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC y Morgan Stanley & Co. LLC como representantes de los distintos suscriptores. Las Notas se registraron en el formulario S-3 y se emitieron conforme al Contrato de Fideicomiso (Base Indenture) de la compa帽铆a fechado el 8 de abril de 2016, complementado por un Tercer Complemento (Third Supplemental Indenture) con fecha 21 de agosto de 2025. Trustee es U.S. Bank Trust Company National Association (sucesora en inter茅s de U.S. Bank National Association). Los anexos incluyen el Acuerdo de Suscripci贸n, el Indenture y el Third Supplemental Indenture, el modelo de certificado de valores, la opini贸n legal y el consentimiento de Ropes & Gray LLP, y un comunicado de prensa de la compa帽铆a.
The Hanover Insurance Group, Inc.電� 2035雲� 毵岅赴 鞐� 5.500% 毂勱秾(齑濎暋 5鞏� 雼煬) 毵り皝鞚� 鞙勴暅 鞚胳垬瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞚措矆 瓿惦電� 鞐煬 鞚胳垬鞚鸽摛鞚� 雽�響滍晿電� Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC 氚� Morgan Stanley & Co. LLC臧� 鞚胳垬頄堨姷雼堧嫟. 頃措嫻 毂勱秾鞚� Form S-3鞐� 霌彪霅橃棃瓿�, 2016雲� 4鞗� 8鞚检瀽 須岇偓鞚� 旮半掣 鞚鸽嵈觳�(Base Indenture)鞐� 霐半澕 氚滍枆霅橃棃鞙茧┌ 2025雲� 8鞗� 21鞚检瀽 鞝�3彀� 氤挫订 鞚鸽嵈觳�(Third Supplemental Indenture)搿� 氤挫檮霅橃棃鞀惦媹雼�. 靾橅儊鞛愲姅 U.S. Bank Trust Company National Association(鞚挫爠 U.S. Bank National Association鞚� 甓岆Μ 鞀龟硠鞚�)鞛呺媹雼�. 觳秬 靹滊搿滊姅 鞚胳垬瓿勳暯靹�(Underwriting Agreement), 鞚鸽嵈觳� 氚� 鞝�3彀� 氤挫订 鞚鸽嵈觳�, 歃濌秾 歃濎劀 鞏戩嫕, 氩曤 鞚橁铂靹� 氚� Ropes & Gray LLP鞚� 霃欖潣靹�, 須岇偓 氤措弰鞛愲臧� 韽暔霅╇媹雼�.
The Hanover Insurance Group, Inc. a conclu un contrat de souscription pour vendre un montant principal global de 500 millions de dollars de ses billets 脿 5,500% 茅ch茅ant en 2035. L鈥檕ffre a 茅t茅 souscrite par Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC et Morgan Stanley & Co. LLC en tant que repr茅sentants des diff茅rents souscripteurs. Les billets ont 茅t茅 enregistr茅s sur le formulaire S-3 et 茅mis en vertu de l鈥橧ndenture de base (Base Indenture) de la soci茅t茅 dat茅e du 8 avril 2016, compl茅t茅e par une Third Supplemental Indenture dat茅e du 21 ao没t 2025. Le fiduciaire est U.S. Bank Trust Company National Association (successeur de U.S. Bank National Association). Les annexes comprennent l鈥橴nderwriting Agreement, l鈥橧ndenture et la Third Supplemental Indenture, le mod猫le du certificat de titre, l鈥檃vis juridique et le consentement de Ropes & Gray LLP, ainsi qu鈥檜n communiqu茅 de presse de la soci茅t茅.
The Hanover Insurance Group, Inc. hat einen Zeichnungsvertrag zum Verkauf von Schuldverschreibungen mit einem Gesamtnennbetrag von 500 Millionen US-Dollar der 5,500% Notes mit F盲lligkeit 2035 abgeschlossen. Das Angebot wurde von Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC und Morgan Stanley & Co. LLC als Vertreter der verschiedenen Zeichner underwritet. Die Notes wurden auf Formular S-3 registriert und gem盲脽 der Base Indenture der Gesellschaft vom 8. April 2016 sowie erg盲nzt durch eine Third Supplemental Indenture vom 21. August 2025 begeben. Treuh盲nder ist die U.S. Bank Trust Company National Association (Rechtsnachfolgerin von U.S. Bank National Association). Anlagen umfassen das Underwriting Agreement, die Indenture und die Third Supplemental Indenture, das Muster des Wertzertifikats, die rechtliche Stellungnahme und Zustimmung von Ropes & Gray LLP sowie eine Pressemitteilung des Unternehmens.
FAQ
What did THG announce in this 8-K?
Who were the lead underwriters for THGs note offering?
Under what indenture were the Notes issued?
Are legal opinions and supporting documents included in the filing?
Who is the trustee for the Notes?
