Horace Mann Redeems $28.6 Million 6 5/8% Senior Notes Due 2006
30 Juin 2005 - 6:33PM
PR Newswire (US)
Horace Mann Redeems $28.6 Million 6 5/8% Senior Notes Due 2006
SPRINGFIELD, Ill., June 30 /PRNewswire-FirstCall/ -- Horace Mann
Educators Corporation (NYSE:HMN) today announced that it has
redeemed all of its outstanding 6 5/8% Senior Notes due January 15,
2006. The $28.6 million aggregate principal amount of the
outstanding Senior Notes was redeemed at a redemption price of
$1,016.59 per $1,000 principal amount, plus accrued interest
through today in the amount of $30.36 per $1,000 principal amount.
The company used a portion of the proceeds from the sale of its
6.05% Senior Notes due June 15, 2015 to finance the redemption of
the Senior Notes. Horace Mann -- the largest national multiline
insurance company focusing on educators' financial needs --
provides auto and homeowners insurance, retirement annuities, life
insurance and other financial solutions. Founded by educators for
educators in 1945, the company is headquartered in Springfield,
Ill. For more information, visit http://www.horacemann.com/ .
Statements included in this news release that are not historical in
nature are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995 and are subject to certain
risks and uncertainties. Horace Mann is not under any obligation to
(and expressly disclaims any such obligation to) update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. Please refer to the
company's Quarterly Report on Form 10-Q for the quarter ended March
31, 2005 and the company's past and future filings and reports
filed with the Securities and Exchange Commission for information
concerning the important factors that could cause actual results to
differ materially from those in forward-looking statements.
DATASOURCE: Horace Mann Educators Corporation CONTACT: Dwayne D.
Hallman, Senior Vice President - Finance, of Horace Mann Educators
Corporation, +1-217-788-5708 Web site: http://www.horacemann.com/
Copyright
Horace Mann Educators (NYSE:HMN)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024
Horace Mann Educators (NYSE:HMN)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024