{"schema_version":"secwatch.filing_event.v1","accession":"0000320335-23-000022","form_type":"8-K","ticker":"GL","cik":"0000320335","company_name":"GLOBE LIFE INC.","filed_at":"2023-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.788471+00:00","generated_at":"2026-06-17T00:58:05.447211+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Globe Life enters $170M delayed draw term loan agreement with BofA-led syndicate","bullets":["Unsecured delayed draw term loan up to $170M; minimum draw $150M, available until May 15, 2023.","Loan matures 18 months after funding date; single draw permitted.","Pricing grid tied to debt ratings: Term SOFR + 1.000% (A+/A1) to 1.625% (<BBB/Baa2).","Administrative agent is Bank of America; co-syndication agents: U.S. Bank and Wells Fargo."],"urls":{"canonical":"https://secwatch.observer/filing/0000320335-23-000022","json":"https://secwatch.observer/filing/0000320335-23-000022.json","markdown":"https://secwatch.observer/filing/0000320335-23-000022.md","text":"https://secwatch.observer/filing/0000320335-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/320335/000032033523000022/0000320335-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/320335/000032033523000022/gl-20230418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T00:58:05.447211+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bd0397e964bbb9f98227a6f9b27cf1d7b4e0165f","claim":"GLOBE LIFE INC. entered into Term Loan Agreement with Bank of America, N.A., as Administrative Agent, and each lender from time to time a party thereto valued at up to $170,000,000 (effective 2023-04-14).","evidence_excerpt":"On April 14, 2023 (the “Effective Date”), Globe Life Inc. (the “Company”) entered into a Delayed Draw Term Loan Agreement among the Company, as borrower, Bank of America, N.A., as Administrative Agent, and each lender from time to time a party thereto (“Lenders”) (the “Term Loan Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/320335/000032033523000022/0000320335-23-000022-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as Administrative Agent, and each lender from time to time a party thereto"},{"label":"Value","value":"up to $170,000,000"},{"label":"Effective","value":"2023-04-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}