{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-027198","form_type":"8-K","ticker":"HMN","cik":"0000850141","company_name":"HORACE MANN EDUCATORS CORP /DE/","filed_at":"2025-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.467682+00:00","generated_at":"2026-05-20T19:48:45.965026+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Horace Mann extends credit facility maturity to 2030, maintains $325M commitment","bullets":["Fourth Amendment extends commitment termination date from July 2026 to May 2030.","Replaced Eurodollar benchmark with Term SOFR plus 10 bps adjustment; existing rate spreads unchanged.","Outstanding balance remains $0; $325 million total commitment available as of May 19, 2025.","Applicable rate for Term SOFR borrowings stays at 115 bps; unused commitment fee at 15 bps."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-027198","json":"https://secwatch.observer/filing/0001628280-25-027198.json","markdown":"https://secwatch.observer/filing/0001628280-25-027198.md","text":"https://secwatch.observer/filing/0001628280-25-027198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/850141/000162828025027198/0001628280-25-027198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/850141/000162828025027198/hmn-20250519.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T19:48:45.965026+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a4537006e915c615740bf8ffbe6107d5e946a7b8","claim":"HORACE MANN EDUCATORS CORP /DE/ amended revolving credit of $325 million of available commitments with PNC Bank, National Association (as administrative agent) and lenders party thereto at Term SOFR Rate + 0.875% - 1.375% per annum (115 bps as of May 19, 2025) maturing May 19, 2030.","evidence_excerpt":"115 basis points and the unused commitment fee remains at 15 basis points. As of May 19, 2025, the Company’s outstanding balance under the Credit Agreement remained at $0 with $325 million of available commitments. The preceding summary of the Fourth Amendment is qualified in its entirety by reference to the full text of the Fourth Amendment, a copy of which is","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/850141/000162828025027198/0001628280-25-027198-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$325 million of available commitments"},{"label":"Counterparty","value":"PNC Bank, National Association (as administrative agent) and lenders party thereto"},{"label":"Rate","value":"Term SOFR Rate + 0.875% - 1.375% per annum (115 bps as of May 19, 2025)"},{"label":"Maturity","value":"May 19, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}