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PHNX RT1 Issue: We See FV At 8.2% Area, Wide Confidence Interval

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Phoenix ((PHNXLN: BBB+) is issuing USD RT1 – we see fair value around 8.2% area with a very wide confidence interval – USD RT1s are rare and PHNX is a first-time issuer in this market, we believe.


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Phoenix ((PHNXLN: BBB+) is issuing USD RT1 – we see fair value around 8.2% area with a very wide confidence interval – USD RT1s are rare and PHNX is a first-time issuer in this market, we believe.


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