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Horace Mann Educators to redeem all $125 million 6.85% notes due 2016
By Tali Rackner
Norfolk, Va., Dec. 22 – Horace Mann Educators Corp. called all $125 million of its 6.85% senior notes due April 15, 2016, according to a notice.
The notes will be redeemed at 101.8319917 plus accrued interest on Dec. 23.
The Bank of New York Mellon Trust Co., NA is the trustee agent.
Horace Mann is a Springfield, Ill.-based marketer and underwriter of property and casualty insurance, retirement annuities and life insurance.
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