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Hanover Insurance Announces $500M Senior Notes Offering

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Hanover Insurance Announces $500M Senior Notes Offering

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Hanover Insurance ( (THG) ) has shared an update.

On August 19, 2025, The Hanover Insurance Group, Inc. announced the pricing of a $500 million senior notes offering with a 5.50% interest rate due in 2035. The proceeds from this issuance are intended to repay existing debts and for general corporate purposes, potentially impacting the company’s financial strategy and market positioning.

The most recent analyst rating on (THG) stock is a Buy with a $210.00 price target. To see the full list of analyst forecasts on Hanover Insurance stock, see the THG Stock Forecast page.

Spark’s Take on THG Stock

According to Spark, TipRanks’ AI Analyst, THG is a Outperform.

Hanover Insurance’s stock is rated highly due to strong financial performance and positive earnings call results. The financial performance shows consistent growth, while technical indicators suggest stable momentum. The valuation is attractive, and despite some challenges noted in the earnings call, the positive outlook contributes to a robust overall score.

To see Spark’s full report on THG stock, click here.

More about Hanover Insurance

The Hanover Insurance Group, Inc. is a leading property and casualty insurance company in the United States, offering a range of insurance solutions through independent agents and brokers. The company focuses on providing standard and specialized insurance protection for small and mid-sized businesses, as well as personal insurance for homes, automobiles, and other personal items.

Average Trading Volume: 253,053

Technical Sentiment Signal: Buy

Current Market Cap: $6.18B

Learn more about THG stock on TipRanks’ Stock Analysis page.

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