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Hanover Insurance Group prices senior notes offering

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Hanover Insurance Group prices senior notes offering

Hanover InsuranceGroup Inc. said April 5 that it priced a registered offering of $375million aggregate principal amount of its senior unsecured 4.50% notes due April15, 2026.

The offering is expected to close on or around April 8, subjectto customary closing conditions.

The company plans to use the net proceeds from the issuance ofthe notes to redeem its outstanding 7.50% notes due 2020 and 6.375% notes due 2021,and to pay related fees and expenses.

The offering is being made pursuant to an effective shelf filed with the SEC onMarch 22.

J.P. Morgan Securities LLC, Wells Fargo Securities LLC and LloydsSecurities Inc. are acting as joint book-running managers for the offering.