AM Best Assigns Issue Credit Rating to Globe Life Inc.'s New Junior Subordinated Notes

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Jun 16, 2021

AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” (Good) to the newly issued $325 million 4.25% junior subordinated debentures, due June 15, 2061, of Globe Life Inc. (Globe Life) (headquartered in McKinney, TX) [NYSE: GL]. The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of Globe Life and its insurance subsidiaries remain unchanged.