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Published on 6/15/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Globe Life will redeem 6.125% junior subordinated debentures on July 15

Chicago, June 15 – Globe Life Inc. will redeem all of its $300 million outstanding 6.125% junior subordinated debentures due 2056 on July 15, according to a company release.

The redemption price will be $25 per debenture, plus accrued interest of $0.127604167 per debenture, for a total payment of $25.127604167.

The financial services holding company is based in McKinney, Tex.


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