Globe Life Inc. 4.55% 15-SEP-2028GG

Globe Life Inc. 4.55% 15-SEP-2028

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GL4720379 analysis



Key facts


Issue date
Sep 27, 2018
Maturity date
Sep 15, 2028
Outstanding amount
‪550.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.55% (Fixed)
Yield to maturity
4.52%
Globe Life, Inc. is an insurance 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, Health Insurance, and Investments Insurance. The Life Insurance segment offers products marketed by Globe Life include traditional whole life and term life insurance. The Health Insurance segment is involved in the renewable and includes Medicare Supplement, cancer, critical illness, accident, and other limited-benefit supplemental hospital and surgical products. The Investments Insurance segment refers to the management of capital resources, including investments, and the management of liquidity. The company was founded on November 19, 1979, and is headquartered in McKinney, TX.
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