---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-068052"
form_type: "8-K"
ticker: "LNC"
cik: "0000059558"
company_name: "LINCOLN NATIONAL CORP"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T21:51:43.972390+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lincoln National issues $350M 5.852% Senior Notes due 2034 to refinance maturities

## Summary
- Aggregate principal $350M at 100% of par, underwriting discount 0.65%; notes bear interest at 5.852%, mature March 15, 2034.
- Net proceeds to retire $250M term loan (SOFR+122.5 bps, due 2024) and $300M 3.35% senior notes due 2025, plus other debt.
- Make-whole redemption at Treasury Rate +30 bps before Dec 15, 2033; par call thereafter; interest semi-annual on March 15 and Sept 15.
- Notes are senior unsecured, rank equally with existing unsecured unsubordinated debt; issued under Senior Indenture with BNY Mellon as trustee.

## SEC filing metadata
- accession: 0001193125-24-068052
- form_type: 8-K
- ticker: LNC
- cik: 0000059558
- company_name: LINCOLN NATIONAL CORP
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/59558/000119312524068052/0001193125-24-068052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59558/000119312524068052/d793821d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-068052
- JSON: https://secwatch.observer/filing/0001193125-24-068052.json
- Plain text: https://secwatch.observer/filing/0001193125-24-068052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.