21 04 2016

Torchmark Corporation $300 Million Junior Subordinated Debentures Offering

Davis Polk advised the joint book-running managers on an SEC-registered offering by Torchmark Corporation of $300 million aggregate principal amount of 6.125% junior subordinated debentures due 2056.


BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities acted as Joint Book-Running Managers. Based in McKinney, Texas, 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. The Davis Polk corporate team included partner Alan F. Denenberg (Picture) and associates Tyler P. Pender and Angela J. Koo. The tax team included partner Rachel D. Kleinberg. Associate Brantley Hawkins provided 1940 Act advice. Involved fees earner: Alan Denenberg - Davis Polk & Wardwell; Tyler Pender - Davis Polk & Wardwell; Angela Koo - Davis Polk & Wardwell; Rachel Kleinberg - Davis Polk & Wardwell; Brantley Hawkins - Davis Polk & Wardwell;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr

Will Brexit break London's place as FinTech Capital?

17/11/2016

Fintech, it’s described as the disruption in financial services pushed by consume

Le Fonti IAIR Awards 2016 celebrates excellences in London.

17/10/2016

On October 14th, 2016, the world’s leading corporate stars aligned for a momentou