debt
confidence high
sentiment neutral
materiality 0.55
Horace Mann prices $300M of 4.700% Senior Notes due 2030, to repay 4.50% notes due Dec 2025
HORACE MANN EDUCATORS CORP /DE/
- $300M aggregate principal of 4.700% Senior Notes due Oct 1, 2030.
- Pricing completed Sep 23, closed Sep 26, 2025.
- Net proceeds for general corporate purposes, including repayment of $300M 4.50% Senior Notes due Dec 1, 2025.
- Interest payable Apr 1 and Oct 1, beginning Apr 1, 2026; notes unsecured and rank equally with other unsecured senior debt.
- Joint book-runners: PNC Capital Markets, BMO Capital Markets, J.P. Morgan Securities.
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