Globe Life Inc. 2.15% 15-AUG-2030Globe Life Inc. 2.15% 15-AUG-2030Globe Life Inc. 2.15% 15-AUG-2030

Globe Life Inc. 2.15% 15-AUG-2030

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GL5032330 analysis



Key facts


Issue date
Aug 21, 2020
Maturity date
Aug 15, 2030
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
2.15% (Fixed)
Yield to maturity
5.65%
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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