Globe Life Inc. Term Loan Amendment
Globe Life Inc. Term Loan Amendment
PR Newswire
MCKINNEY, Texas, Aug. 15, 2024
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.
SOURCE Globe Life Inc.
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