secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN NATIONAL CORP (LNC)
CIK:        0000059558
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001193125-25-274489
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln National issues $500M of 5.350% Senior Notes due 2035
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- $500M aggregate principal, 5.350% interest, semi-annual payments, matures Nov 15, 2035
- Priced at 99.922% of par with 0.65% underwriting discount; issued Nov 10, 2025
- Net proceeds partly to repay $400M of 3.625% Senior Notes due 2026; remainder for general corporate
- Notes are senior unsecured obligations, ranking equally with existing unsecured unsubordinated debt
- Underwriters include Goldman Sachs, BofA Securities, HSBC, PNC Capital Markets, Wells Fargo

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59558/000119312525274489/0001193125-25-274489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59558/000119312525274489/d896722d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-274489

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