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Globe Life Increases, Extends Term Loan
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Globe Life Increases, Extends Term Loan
Aug 15, 2024 6:31 AM

09:00 AM EDT, 08/15/2024 (MT Newswires) -- Globe Life ( GL ) said Thursday that its $170 million delayed draw term loan has been amended effective today.

The health insurance holding company said the principal amount of the loan has been increased to $250 million from $170 million, and that the maturity date has been extended to Aug. 15, 2027, from Nov. 10, 2024.

Shares of Globe Life ( GL ) were up 1.3% in recent premarket activity.

Price: 95.23, Change: +1.26, Percent Change: +1.34

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