---
schema_version: "secwatch.filing_event.v1"
accession: "0000320335-24-000016"
form_type: "8-K"
ticker: "GL"
cik: "0000320335"
company_name: "GLOBE LIFE INC."
filed_at: "2024-04-02T23:59:59+00:00"
generated_at: "2026-06-04T04:07:50.267377+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Globe Life upsizes revolving credit facility to $1.0B, extends maturity to 2029

## Summary
- Revolving credit facility increased from $750M to $1.0B; ability to request further increase up to $1.25B.
- Maturity extended to March 29, 2029; two optional one-year extensions available.
- Swing line loan sublimit raised from $35M to $50M; FHLB debt sublimit increased to $2.5B.
- ESG amendment option removed; all other material terms consistent with prior agreement.

## SEC filing metadata
- accession: 0000320335-24-000016
- form_type: 8-K
- ticker: GL
- cik: 0000320335
- company_name: GLOBE LIFE INC.
- filed_at: 2024-04-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320335/000032033524000016/0000320335-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320335/000032033524000016/gl-20240402.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320335-24-000016
- JSON: https://secwatch.observer/filing/0000320335-24-000016.json
- Plain text: https://secwatch.observer/filing/0000320335-24-000016.txt

## Key facts
- Material Agreements
  GLOBE LIFE INC. entered into Second Amended and Restated Credit Agreement with Bank of America, N.A. as Administrative Agent, Swing Line Lender, and L/C Administrator, each Lender a party thereto valued at $1,000,000,000 (effective 2024-03-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A. as Administrative Agent, Swing Line Lender, and L/C Administrator, each Lender a party thereto
  - Value: $1,000,000,000
  - Effective: 2024-03-29
  source text: On March 29, 2024, Globe Life Inc. (“Globe Life”) and its subsidiary TMK Re Ltd. (“TMK”) entered into a Second Amended and Restated Credit Agreement among Bank of America, N.A. (“BofA), as Administrative Agent, Swing Line Lender, and L/C Administrator, each Lender from time to time a party thereto, Globe Life, as the Borrower, and TMK as a Loan Party
  evidence_url: https://www.sec.gov/Archives/edgar/data/320335/000032033524000016/0000320335-24-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.