Horace Mann Educators Corporation prices offering of Senior Notes
- The pricing of $300,000,000 aggregate principal amount of Senior Notes due 2028 can provide additional funding for the company
- None.
The Company intends to use the net proceeds from the issuance of the Notes to repay borrowings under its floating rate revolving credit agreement. Any remaining proceeds will be used for general corporate purposes.
The Notes will be issued pursuant to the Company’s effective shelf registration statement on Form S-3 (File No. 333-254084). The Company’s filings with the SEC can be viewed at no charge at the SEC’s website at www.sec.gov.
J.P. Morgan Securities LLC and PNC Capital Markets LLC acted as joint book-running managers.
This news release shall not constitute an offer to sell or a solicitation of an offer to purchase the Notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
About Horace Mann
Horace Mann Educators Corporation is the largest financial services company focused on helping America’s educators and others who serve the community achieve lifelong financial success. The company offers individual and group insurance and financial solutions tailored to the needs of the educator community. Founded by Educators for Educators® in 1945, the company is headquartered in
Safe Harbor Statement
Certain statements included in this news release, that are not historical in nature, constitute forward-looking statements within the meaning of the
View source version on businesswire.com: https://www.businesswire.com/news/home/20230912615110/en/
Heather J. Wietzel
Vice President, Investor Relations and Enterprise Communications
217.788.5144
investorrelations@horacemann.com
Source: Horace Mann Educators Corporation