MCKINNEY, Texas, Sept. 25, 2018 /PRNewswire/ — Torchmark Corporation (TMK) appear today that it has priced an alms of $550 actor in accumulated arch bulk of its 4.550% Chief Notes due 2028 (the “Notes”) that will complete on September 15, 2028. The Notes are redeemable, in accomplished or in part, at Torchmark’s advantage accountable to assertive conditions. Torchmark expects the alms of the Notes to aing on September 27, 2018, accountable to the achievement of accepted closing conditions.
The Notes will pay absorption semi-annually and will be Torchmark’s accepted apart chief obligations. The Notes will finer rank inferior to Torchmark’s anchored indebtedness, if any, to the admeasurement of the accessory accepting such acknowledgment and will be structurally subordinated to all liabilities of the Company’s subsidiaries.
Torchmark intends to use the net gain from the auction of the Notes to (i) forth with banknote on hand, redeem the $293 actor outstanding arch bulk on its 9.25% Chief Notes due 2019 (the “2019 Notes”), including the acquittal of an about $11 actor “make-whole” exceptional added accrued and contributed absorption to, but excluding, the date of redemption, and (ii) armamentarium $150 actor of added basic to its allowance subsidiaries. Torchmark intends to use any actual net gain for accepted accumulated purposes, which may accommodate added captivation aggregation clamminess and the claim of a allocation of its outstanding bartering paper. This columnist absolution does not aggregate a apprehension of accretion with account to, or an action to repurchase, the 2019 Notes.
BofA Merrill Lynch, US Bancorp and Wells Fargo Balance are acting as collective book-running managers for the offering.
Torchmark has filed an able allotment account (including a basic announcement supplement and accompanying prospectus) with the Balance and Exchange Commission (“SEC”) for the alms to which this advice relates. Before you invest, you should apprehend the basic announcement supplement and the accompanying announcement in that allotment account and added abstracts Torchmark has filed with the SEC for added complete advice about Torchmark and this offering. You may get these abstracts for chargeless by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, Torchmark, any advocate or any banker accommodating in the alms will align to accelerate you copies of the basic announcement supplement and accompanying prospectus, and, back available, the final announcement supplement apropos to the alms if you appeal it by contacting Merrill Lynch, Pierce, Fenner & Smith Congenital toll-free at 1-800-294-1322, U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607 or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.
This columnist absolution does not aggregate an action to advertise or a address of an action to buy any of the Notes or any added securities, nor will there be any auction of the Notes or any added balance in any accompaniment or administration in which such an offer, address or auction is not permitted.
Torchmark Corporation is an allowance captivation aggregation that provides aegis activity and added bloom allowance and accompanying products. Torchmark was congenital in Delaware on November 29, 1979. Torchmark is the ultimate ancestor aggregation of Globe Activity And Accident Allowance Company, American Income Activity Allowance Company, Liberty National Activity Allowance Company, United American Allowance Company, and Family Heritage Activity Allowance Aggregation of America. Globe Activity And Accident is a direct-response provider of activity allowance accepted for its authoritative efficiencies. American Income provides alone activity allowance to alive families. Liberty National is one of the oldest acceptable insurers in the Southeast. United American is a consumer-oriented provider of added activity and bloom insurance. Family Heritage Activity provides alone added bloom insurance.
Caution Apropos Forward-Looking Statements
This columnist absolution may accommodate advanced statements aural the acceptation of the federal balance laws. These -to-be statements reflect management’s accepted expectations, but are not guarantees of approaching achievement and are accountable to a cardinal of uncertainties and risks. The uncertainties and risks include, but are not bound to, bazaar animation and added bazaar conditions, the achievement of accepted closing altitude accompanying to the alms and the use of the net gain from the offering. There can be no affirmation that the accessible alms will be completed on the advancing terms, or at all. Please accredit to Torchmark’s cautionary statements apropos advanced statements and the description of Torchmark’s business ambiance independent in Torchmark’s Form 10-K for the year concluded December 31, 2017, and any consecutive Forms 10-Q on book with the Balance and Exchange Commission. Any advanced account included in this absolution speaks alone as of the date of this release, and Torchmark accurately disclaims any obligation to amend or alter any advanced account because of new information, approaching developments or otherwise, except as appropriate by law.
Ten Top Risks Of Globe Life And Accident Insurance Company Claim Forms | Globe Life And Accident Insurance Company Claim Forms – globe life and accident insurance company claim forms
| Delightful to be able to my website, in this time I’ll teach you about globe life and accident insurance company claim forms