HANOVER INSURANCE GROUP, INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Edgar Glimpses
Item 1.01 Entry into a Material Definitive Agreement.
On March 24, 2023, The Hanover Insurance Group, Inc. (the "Company") entered
into Amendment No. 1 (the "Amendment") to the Credit Agreement, dated as of April 30, 2019 (as amended, amended and restated, supplemented or otherwise
modified from time to time prior to the date of the Amendment, the "Credit
Agreement") by and among the Company, JPMorgan Chase Bank, N.A., as
administrative agent, and the lenders party thereto. The Amendment replaced the
interest rate benchmark, from the London Interbank Offered Rate ("LIBOR") to the
Secured Overnight Financing Rate ("SOFR"). Other than the foregoing, the
material terms of the Credit Agreement remain unchanged.
The foregoing description does not purport to be complete and is qualified in
its entirety by reference to the full text of the Amendment, which is filed as
Exhibit 10.1 hereto and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
The following exhibits are furnished herewith.
Exhibit 10.1 Amendment No. 1, dated March 24, 2023, by and among The Hanover
Insurance Group, Inc., JPMorgan Chase Bank, N.A., as administrative
agent, and the lenders party thereto.
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL
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Material Agreement – Form 8-K
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