Edition:
United States

Torchmark Corp (TMK.N)

TMK.N on New York Stock Exchange

85.17USD
22 Nov 2017
Change (% chg)

$-0.10 (-0.12%)
Prev Close
$85.27
Open
$85.29
Day's High
$85.29
Day's Low
$84.79
Volume
74,506
Avg. Vol
123,456
52-wk High
$86.33
52-wk Low
$69.55

Latest Key Developments (Source: Significant Developments)

Fitch Assigns 'BBB-' Rating to Torchmark's Junior Subordinated Debentures

(The following statement was released by the rating agency) CHICAGO, November 17 (Fitch) Fitch Ratings has assigned a 'BBB-' rating to Torchmark Corporation's (TMK) issuance of $125 million of junior subordinated debentures due 2057. The rating being assigned to the new debt is equivalent to the ratings assigned to TMK's existing junior subordinated debentures and reflects standard notching for a hybrid with its risk characteristics. Based on Fitch's rating criteria, the securities are notched u