Globe Life Inc. Term Loan Amendment

8/15/24 8:11:00 AM ET

Life Insurance

Finance

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MCKINNEY, Texas, Aug. 15, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE:GL) announced that its $170 million delayed draw term loan has been amended effective August 15, 2024. The principal amount of the loan has been increased from $170 million to $250 million and the maturity date has been extended from November 10, 2024 to August 15, 2027.

Globe Life Inc. is a holding company specializing in life and supplemental health insurance for the middle-income market distributed through multiple channels, including direct to consumer and exclusive and independent agencies.

View original content to download multimedia:https://www.prnewswire.com/news-releases/globe-life-inc-term-loan-amendment-302223526.html

SOURCE Globe Life Inc.

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Date	Price Target	Rating	Analyst
10/9/2024	$150.00	Buy	TD Cowen
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Globe Life Inc. Term Loan Amendment

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