Horace Mann Educators Prices Offering Of $300M Of 7.250% Senior Notes Due 2028
Portfolio Pulse from Benzinga Newsdesk
Horace Mann Educators has priced its offering of $300M of 7.250% senior notes due 2028.

September 13, 2023 | 5:52 am
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NEUTRAL IMPACT
Horace Mann Educators' new offering of $300M of 7.250% senior notes may impact its stock price.
The pricing of the senior notes offering could have a neutral impact on Horace Mann Educators' stock price in the short term. The funds raised could be used for various corporate purposes, which could potentially improve the company's financial position. However, the impact on the stock price will depend on how the market perceives this move.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100