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MCY > SEC Filings for MCY > Form 8-K on 5-Aug-2013All Recent SEC Filings

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Form 8-K for MERCURY GENERAL CORP


5-Aug-2013

Entry into a Material Definitive Agreement, Creation of a Direct Financial O


Item 1.01. Entry into a Material Definitive Agreement

On July 31, 2013, Mercury General Corporation and Mercury Casualty Company entered into a Third Amendment Agreement (the "Amendment") with Bank of America, N.A., as administrative agent, and the other lenders party thereto, which amends the existing Credit Agreement (the "Credit Agreement") by and among the parties, dated as of January 2, 2009 (as amended to date). The Amendment, among other things, extends the maturity date of the loan that is the subject of the Credit Agreement to July 31, 2016, and modifies the Borrower Statutory Surplus requirement contained in the Credit Agreement. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by this reference.



Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

10.1    Third Amendment Agreement among Mercury Casualty Corporation, Mercury
        General Corporation, Bank of America, N.A., as administrative agent, and
        the other lenders party thereto

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