Horace Mann (NYSE: HMN) calls 4.500% senior notes due 2025

Rhea-AI Filing Summary

Horace Mann Educators Corporation plans to redeem all of its outstanding 4.500% Senior Notes due 2025. The company issued a notice of redemption on September 29, 2025, with the redemption expected to occur on October 14, 2025. The notes will be redeemed at a price equal to 100% of the principal amount being redeemed, plus accrued and unpaid interest up to, but not including, the redemption date. The company clarifies that this report itself does not constitute a formal notice of redemption to noteholders.

Insights

Credit & capital structure analyst

Horace Mann is retiring its 4.500% notes due 2025 at par plus accrued interest.

Horace Mann Educators Corporation has decided to redeem all outstanding 4.500% Senior Notes due 2025. The redemption is scheduled for October 14, 2025 at 100% of principal plus accrued and unpaid interest to, but not including, the redemption date. This fully removes this particular debt issue once the transaction is completed.

Replacing or eliminating these notes could affect future interest expense and the firm’s debt maturity profile, but the excerpt does not quantify the principal amount involved. The terms described follow a standard make-whole style at par plus accrued interest, without any disclosed premium.

The key milestone is the stated October 14, 2025 redemption date, after which the 4.500% Senior Notes due 2025 are expected to be fully retired under the terms described.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: September 29, 2025

HORACE MANN EDUCATORS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-10890	37-0911756
(State of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1 Horace Mann Plaza Springfield, Illinois 62715-0001

(Address, including zip code)

Registrant’s telephone number, including area code: (217) 789-2500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, $0.001 par value	HMN	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01: Other Events

On September 29, 2025, Horace Mann Educators Corporation issued a notice of redemption for all of its outstanding 4.500% Senior Notes due 2025 (the “Notes”). The redemption is expected to occur on October 14, 2025 (the “Redemption Date”). The Notes are redeemable at a redemption price that is equal to the sum of 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. This Form 8-K does not constitute a notice of redemption for the Notes.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	HORACE MANN EDUCATORS CORPORATION
	By:	/s/ Maureen Temchuk
		Name: Maureen Temchuk
		Title:   Controller and Chief Accounting Officer
Date: September 29, 2025

FAQ

What action did Horace Mann (HMN) announce regarding its debt?

Horace Mann Educators Corporation announced that it has issued a notice of redemption for all outstanding 4.500% Senior Notes due 2025, ending this debt issue once the redemption is completed.

When will Horace Manns 4.500% Senior Notes due 2025 be redeemed?

The redemption of Horace Manns 4.500% Senior Notes due 2025 is expected to occur on October 14, 2025, referred to as the redemption date.

At what price are Horace Manns 4.500% Senior Notes due 2025 being redeemed?

The notes are redeemable at a price equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest up to, but not including, the redemption date.

Does this Horace Mann (HMN) report serve as the formal notice of redemption?

No. The company states that this report does not constitute a notice of redemption for the notes. A separate notice of redemption has been issued.

Which Horace Mann security is affected by this redemption?

The redemption applies to 4.500% Senior Notes due 2025 issued by Horace Mann Educators Corporation. All outstanding notes of this series are covered.

Who signed the Horace Mann (HMN) report about the note redemption?

The report was signed on behalf of Horace Mann Educators Corporation by Maureen Temchuk, the companys Controller and Chief Accounting Officer.