secwatch.observer — SEC 8-K summary
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Issuer:     HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK:        0000850141
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001140361-23-044143
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horace Mann prices $300M of 7.250% Senior Notes due 2028 to repay revolving credit
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- $300M aggregate principal of 7.250% senior notes due Sep 15, 2028; priced Sep 12, closed Sep 15, 2023.
- Net proceeds to repay borrowings under floating-rate revolving credit agreement; remainder for general corporate purposes.
- Interest payable semiannually on Mar 15 and Sep 15, starting Mar 15, 2024.
- Notes are unsecured senior obligations ranking equally with other unsecured debt.
- J.P. Morgan Securities LLC and PNC Capital Markets LLC acted as joint book-running managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850141/000114036123044143/0001140361-23-044143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850141/000114036123044143/ny20010283x4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-044143

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