
Globe Life Inc, founded in 1951 and headquartered in McKinney, Texas, is dedicated to providing life insurance solutions to individuals and families. The company offers a variety of insurance products, including term life, whole life, and accidental death insurance, making it a key player in the American insurance market.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
GL 2.15% 2030-08-15 USDGlobe Life Inc | United States | 2030-08-15 | 2.150 | 4.41 |
GL 4.55% 2028-09-15 USDGlobe Life Inc | United States | 2028-09-15 | 4.550 | 4.06 |
GL 4.80% 2032-06-15 USDGlobe Life Inc | United States | 2032-06-15 | 4.800 | 4.43 |
GL 5.28% 2057-11-17 USDGlobe Life Inc | United States | 2057-11-17 | 5.275 | 7.32 |
GL 5.85% 2034-09-15 USDGlobe Life Inc | United States | 2034-09-15 | 5.850 | 5.14 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Globe Life has been an active issuer of corporate bonds, first entering the market in the 1990s. Notably, the company raised $200 million through a bond offering in 2020, focusing on refinancing and strategic growth initiatives, with current yields competitive within the industry. Globe Life bonds have also featured investor-friendly attributes, including call options, which enhance flexibility for bondholders. Recently, the company’s bonds have gained attention following upgrades in its credit rating, reflecting strong financial performance and solid capital management.