secwatch.observer — SEC 8-K summary
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Issuer:     GLOBE LIFE INC. (GL)
CIK:        0000320335
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001193125-22-154612
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Globe Life issues $400M of 4.800% Senior Notes due 2032, uses proceeds to repay $300M notes due 2022
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- $400M aggregate principal of 4.800% Senior Notes due 2032 issued at 99.672% of par.
- Net proceeds of ~$394.6M after underwriting discounts and expenses.
- Proceeds used to repay $300M of 3.800% Senior Notes due 2022; remainder for general corporate purposes.
- Notes are senior unsecured, rank equally with other senior debt, issued under S-3 shelf registration.
- Underwriting agreement with BofA Securities, U.S. Bancorp Investments, Wells Fargo Securities as representatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/320335/000119312522154612/0001193125-22-154612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/320335/000119312522154612/d350057d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-154612

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