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Phoenix RT1 Issue After 5-Jun Tender Offers

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Phoenix (PHNXLN: BBB+) coming to market with RT1 - it tendered for two USd regulatory bonds yesterday and released mandate for this:

  • "*IPT: PHOENIX GROUP $500M WNG PNC6 REG S RT1 8.5% AREA" - BBG
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Phoenix (PHNXLN: BBB+) coming to market with RT1 - it tendered for two USd regulatory bonds yesterday and released mandate for this:

  • "*IPT: PHOENIX GROUP $500M WNG PNC6 REG S RT1 8.5% AREA" - BBG