Horace Mann Educators Corporation (NYSE: HMN) recently announced the pricing of its offering of $300,000,000 aggregate principal amount of 4.700% senior notes due 2030. The transaction is expected to close on September 26, 2025. This offering is part of the company's efforts to utilize the net proceeds for general corporate purposes, including the repayment of the company’s 4.50% senior notes due 2025.
In the last reported period, the company's focus on helping America’s educators and others who serve the community has resulted in positive financial changes. With PNC Capital Markets LLC, BMO Capital Markets Corp., and J.P. Morgan Securities LLC acting as joint book-running managers, Horace Mann's financial standing remains robust.
The company's effective shelf registration statement on Form S-3 (file no. 333-277784) underlines its commitment to financial transparency. Horace Mann's filings with the SEC can be viewed at no charge at the SEC’s website at www.sec.gov.
Founded in 1945 and headquartered in Springfield, Illinois, Horace Mann Educators Corporation has established itself as the largest multiline financial services company tailored to the needs of the educator community.
As the story unfolds, the company continues to demonstrate its commitment to achieving lifelong financial success for America's educators and the wider community. The market has reacted to these announcements by moving the company's shares 0.93% to a price of $45.80. For the full picture, make sure to review HORACE MANN EDUCATORS CORP /DE/'s 8-K report.
