---
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"
generated_at: "2026-05-20T19:48:45.965026+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Horace Mann extends credit facility maturity to 2030, maintains $325M commitment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-027198
- JSON: https://secwatch.observer/filing/0001628280-25-027198.json
- Plain text: https://secwatch.observer/filing/0001628280-25-027198.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $325 million of available commitments
  - Counterparty: PNC Bank, National Association (as administrative agent) and lenders party thereto
  - Rate: Term SOFR Rate + 0.875% - 1.375% per annum (115 bps as of May 19, 2025)
  - Maturity: May 19, 2030
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/850141/000162828025027198/0001628280-25-027198-index.htm

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