AM Best Assigns Issue Credit Rating to Horace Mann Educators Corporation's New Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of "bbb†(Good) to the recently issued $300 million, 4.7% senior unsecured notes, due October 2030, of Horace Mann Educators Corporation (Horace Mann) (headquartered in Springfield, IL). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of Horace Mann and its subsidiaries are unchanged. Horace Mann intends to use the net proceeds from the issuance of the notes for general corpo. ...