Hanover Insurance intends to price senior notes offering

By Aleesia Forni

New York, April 5 – The Hanover Insurance Group Inc. is planning a sale of senior notes, according to a 424B2 filed with the Securities and Exchange Commission.

Bookrunners are J.P. Morgan Securities LLC, Wells Fargo Securities LLC and Lloyds Securities.

Proceeds will be used to redeem the company’s 7.5% notes due 2020 and 6.375% notes due 2021 and to pay related fees and expenses.

Located in Worcester, Mass., Hanover is a property and casualty insurance company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.