secwatch.observer — SEC 8-K summary
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Issuer:     HORACE MANN EDUCATORS CORP /DE/ (HMN)
CIK:        0000850141
Form:       8-K
Filed at:   2025-05-22T23:59:59+00:00
Accession:  0001628280-25-027198
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850141/000162828025027198/0001628280-25-027198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850141/000162828025027198/hmn-20250519.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-027198

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