Navigation Links
Torchmark Prices Senior Notes Offering
Date:6/25/2009

MCKINNEY, Texas, June 25 /PRNewswire-FirstCall/ -- Torchmark Corporation (NYSE: TMK) announced today that it has priced an offering of $300 million in aggregate principal amount of 9.25% Senior Notes that will mature in 2019. Torchmark expects the offering to close on June 30, 2009, subject to the satisfaction of customary closing conditions. The net proceeds of the offering will be used for the repayment of the $99.45 million in aggregate principal amount of Torchmark's 8.25% Senior Debentures that mature on August 15, 2009, and general corporate purposes.

Wachovia Capital Markets, LLC and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers for the offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the notes or any other securities, nor will there be any sale of the notes or any other securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The notes will be sold pursuant to Torchmark's effective shelf registration statement on file with the Securities and Exchange Commission.

The offering of the notes is being made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from:

    Wachovia Capital Markets, LLC
    c/o Wachovia Customer Information Center
    1525 West W.T. Harris Boulevard
    Charlotte, North Carolina 28262-0675
    Attention: Syndicate Operations
    1-800-326-5897

    SunTrust Robinson Humphrey, Inc.
    303 Peachtree Street, 24th Floor
    Mail Code: GA-ATLANTA-3947
    Atlanta, GA  30308
    Attention: Investment Grade Debt Capital Markets
    1-800-685-4786

Alternatively, the prospectus supplement and accompanying prospectus may be obtained by visiting the SEC's Web site at www.sec.gov.

Torchmark Corporation is a holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct response, and exclusive and independent agencies.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS:

This press release contains certain statements that may be deemed to be "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements reflect management's current expectations, but are not guarantees of future performance. Accordingly, please refer to Torchmark's cautionary statement regarding forward-looking statements and the risks and uncertainties applicable to Torchmark's business that are contained in the Company's Form 10-K for the year ended December 31, 2008, and any subsequent Forms 10-Q or Forms 8-K on file with the Securities and Exchange Commission and on the Company's website at www.torchmarkcorp.com on the Investor Relations page. Torchmark specifically disclaims any obligation to update or revise any forward-looking statement because of new information, future developments or otherwise.


'/>"/>
SOURCE Torchmark Corporation
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Torchmark Corporation Announces Change in Domicile State of Insurance Subsidiaries to Nebraska
2. Torchmark Corporation Announces Fourth Quarter 2007 Earnings Release and Conference Call
3. Torchmark Corporation to Present at Merrill Lynch Insurance Investors Conference
4. Torchmark Corporation Reports First Quarter 2008 Results
5. Torchmark Corporation Declares Dividend
6. Torchmark Corporation Declares Dividend
7. Torchmark Corporation Announces Fourth Quarter 2008 Earnings Release and Conference Call
8. Torchmark Corporation to Present at Merrill Lynch Insurance Investors Conference
9. Torchmark Corporation Reports First Quarter 2009 Results
10. Lincare Holdings Inc. Prices $500 Million Convertible Senior Debentures Offering
11. American Association for Homecare Disputes Validity of Internet Power Wheelchair Prices as Basis for Reimbursement of Services in Medicare
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... New York, NY (PRWEB) , ... October 13, 2017 , ... ... most influential people in business to advocate for action towards gender equality at their ... 18,000 views from around the globe, and reached a social audience of over 3 ...
(Date:10/13/2017)... ... October 13, 2017 , ... Yisrayl Hawkins, Pastor and ... explains one of the most popular and least understood books in the Holy Scriptures, ... puzzling descriptions that have baffled scholars for centuries. Many have tossed it off as ...
(Date:10/13/2017)... ... October 13, 2017 , ... Coveros, a leader in ... awarded a contract by the Center for Medicare and Medicaid Services (CMS). The ... enterprise use of Agile methodologies in a consistent and high value manner across ...
(Date:10/13/2017)... ... ... “America On The Brink”: the Christian history of the United States and ... of published author, William Nowers. Captain Nowers and his wife, Millie, have six ... years in the Navy. Following his career as a naval aviator and carrier ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... are now treating sleep apnea using cutting-edge Oventus O2Vent technology. As ... serious sleep disorder characterized by frequent cessation in breathing. Oral appliances can offer ...
Breaking Medicine News(10 mins):
(Date:9/22/2017)... AVACEN Medical (AVACEN) announced that its CE-Marked ... those with the widespread pain associated with fibromyalgia in ... Essex, England commented, "I had ... no sleep at all, tremendous pain, with every movement ... [the AVACEN 100] enough, how this has and is ...
(Date:9/18/2017)... , Sept. 18, 2017 EpiVax, ... of bioinformatics and immune engineering, today announced ... influenza A (H7N9) vaccine. ... to seasonal influenza and presents a challenge ... prior exposure to be effective. Using state-of-the-art ...
(Date:9/12/2017)... SAN FRANCISCO , Sept. 12, 2017 /PRNewswire/ ... Lifecycle Management Solutions (VLMS), is pleased to announce ... as a member of its Board of Directors ... 2017. ValGenesis VLMS enables life science companies to ... eliminate the use of paper in this process. ...
Breaking Medicine Technology: