FILED UNDER RULE 433
REGISTRATION FILE NO. 333-133646
JUNE 20, 2006
$250,000,000
6.375% Senior Notes due 2016
FINAL TERMS AND CONDITIONS
Issuer: | Torchmark Corporation | |
Issuer Ratings: | Baa1/A+/A (Stable/Negative/Stable) | |
Security: | SEC Registered Senior Unsecured Notes | |
Principal Amount: | $250,000,000 | |
Trade Date: | June 20, 2006 | |
Settlement Date: | June 23, 2006 | |
Final Maturity: | June 15, 2016 | |
Coupon: | 6.375% | |
Benchmark Treasury: | 5.125% UST due May, 2016 | |
Treasury Price: | 99-26 | |
Treasury Yield: | 5.149% | |
Spread to Treasury: | +133 bps | |
Issue Yield: | 6.479% | |
Issue Price to Investors: | 99.247% | |
Gross Proceeds: | $248,117,500 | |
Interest Payment Dates: | Semi-annually in arrears on June 15 and December 15, commencing December, 2006 | |
Day Count Convention: | 30/360 | |
Optional��Redemption: | Make whole call at T+25 bps | |
CUSIP: | 891027AN4 | |
Book-Running Manager: | Banc of America Securities LLC | |||
Joint Lead Managers: | HSBC Securities (USA) Inc. J.P. Morgan Securities Inc. | |||
Co-Managers: | Comerica Securities Inc. KeyBanc Capital Markets, a Division of McDonald Investments Inc. Morgan Keegan & Company, Inc. SunTrust Capital Markets, Inc. Wells Fargo Securities, LLC | |||
The issuer has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and a preliminary prospectus supplement if you request it by calling Banc of America Securities LLC toll-free at 1-800-294-1322, HSBC Securities (USA) Inc. at 1-866-811-8049 or J.P. Morgan Securities Inc. at 1-212-834-4533.
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