Worcester-based The Hanover Insurance Group Inc. has priced a registered senior unsecured offering of $200 million aggregate principal amount of its 7.50 percent senior notes due March 1, 2020.
The company plans to use the net proceeds of the offering for general corporate and working capital purposes, which may include repurchase of shares of the company’s common stock, capital expenditures, possible acquisitions and any other general corporate purposes, according to a statement.
Barclays Capital Inc. and Goldman, Sachs & Co. are acting as joint book-running managers for the offering.





