Horace Mann Educators Corp., founded in 1945 and headquartered in Springfield, Illinois, focuses on providing insurance and financial solutions specifically for educators. The company offers a range of services, including life insurance, auto insurance, and investment products, catering primarily to teachers and their families.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HMN 4.50% 2025-12-01 USDHorace Mann Educators Corp. | United States | 2025-12-01 | 4.500 | 4.33 |
| HMN 7.25% 2028-09-15 USDHorace Mann Educators Corp. | United States | 2028-09-15 | 7.250 | 4.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Horace Mann first began issuing bonds in the early 2000s, seeking to enhance its capital structure and manage risk effectively. Notable issuances include its 2016 $150 million senior notes, which were used to refinance existing debt, potentially lowering interest expenses. As of late 2023, the company's bonds have yields that remain competitive within the sector, appealing to retail investors. Recent news highlights Horace Mann's commitment to sustainable business practices, which has influenced the positive reception of its bond offerings.