GLOBE LIFE INC. 8-K

What Happened Globe Life Inc. filed an 8-K on June 29, 2026 reporting that on June 26, 2026 it entered into a Third Amended and Restated Credit Agreement and an Amended and Restated Term Loan Agreement, with Wells Fargo Bank, N.A. acting as Administrative Agent. The credit agreement (which replaces the prior Bank of America facility) extends the revolving credit maturity to June 26, 2031 and the term loan agreement increases the delayed-draw term loan capacity and extends its maturity to June 26, 2029. TMK Re Ltd., a Globe Life subsidiary, is a loan party under the credit agreement.

Key Details

• Third Amended and Restated Credit Agreement dated June 26, 2026: Administrative Agent changed from Bank of America, N.A. to Wells Fargo Bank, N.A.; maturity extended from March 29, 2029 to June 26, 2031.
• Amended and Restated Term Loan Agreement dated June 26, 2026: principal amount increased from $250,000,000 to $450,000,000; Administrative Agent changed to Wells Fargo; maturity extended from August 15, 2027 to June 26, 2029.
• Agreements amend and restate prior credit and delayed-draw term loan agreements originally entered in 2023 and amended in 2024–2025.
• Globe Life noted it and its subsidiaries may have ongoing commercial or lending relationships with the banks party to these agreements.

Why It Matters These amendments affect Globe Life’s borrowing relationships and near- to medium-term liquidity profile. Extending the credit facility maturity to 2031 and increasing the term loan capacity to $450 million gives the company longer-dated borrowing flexibility and additional committed funding capacity through 2029 for the term loan. Investors should view this as a financing update—no operational results or management changes were reported in this filing. Exhibits to the 8-K include the full loan agreements for review.