Globe Life Inc. 5.85% 15-SEP-2034Globe Life Inc. 5.85% 15-SEP-2034Globe Life Inc. 5.85% 15-SEP-2034

Globe Life Inc. 5.85% 15-SEP-2034

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Key terms


Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.85% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.60%
Maturity date
Sep 15, 2034
Term to maturity
9 years

About Globe Life Inc. 5.85% 15-SEP-2034


Sector
Finance
Industry
Multi-Line Insurance
Issue date
Aug 23, 2024
FIGI
BBG01PDJ2R78
Globe Life, Inc. is a holding company, which engages in the provision of individual life and supplemental health insurance products and services. It operates through the following segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment includes traditional and interest-sensitive whole life insurance as well as term life insurances. The Supplement Health Insurance segment provides generally guaranteed-renewable and include Medicare, critical illness, accident, and limited-benefit supplement hospital, and surgical coverage. The Annuities segment refers to fixed-benefit contracts. The Investments segment covers the investment portfolio. The company was founded on November 19, 1979, and is headquartered in McKinney, TX.
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