Torchmark to redeem all $125 million 5.875% junior debentures due 2052

By Wendy Van Sickle

Columbus, Ohio, Dec. 1 – Torchmark Corp. will redeem all $125 million of its 5.875% junior subordinated debentures due 2052 on Dec. 22, according to a press release.

The debentures will be redeemed at $25.00 apiece plus an accrued dividend for a total of $25.028559028 per security.

Torchmark is an insurance holding company based in McKinney, Texas, that provides life insurance and supplemental health insurance.

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