Financing ·
On June 26, 2026, Globe Life Inc. and its subsidiary TMK Re Ltd. entered into a Third Amended and Restated Credit…
GLGlobe Life Inc.
On June 26, 2026, Globe Life Inc. and its subsidiary TMK Re Ltd. entered into a Third Amended and Restated Credit Agreement, replacing a previous agreement with Bank of America, N.A. The new agreement appoints Wells Fargo Bank, National Association as the Administrative Agent and extends the maturity date from March 29, 2029, to June 26, 2031. Additionally, the company entered into an Amended and Restated Term Loan Agreement with Wells Fargo as Administrative Agent, increasing the principal amount from $250,000,000 to $450,000,000 and extending the maturity date from August 15, 2027, to June 26, 2029. Globe Life Inc. is an insurance company providing life and health products.