Reuters logo
BRIEF-Phoenix Group Holdings launches 300 mln stg bond issue
June 30, 2014 / 5:22 PM / in 3 years

BRIEF-Phoenix Group Holdings launches 300 mln stg bond issue

June 30 (Reuters) - Phoenix Group Holdings

* Announces a £300 million senior unsecured bond issue

* Priced a £300 million 7 year sterling-denominated senior unsecured bond at an annual coupon of 5.75%

* Proceeds will be used to refinance a portion of group’s existing impala silo senior bank debt

* Supports phoenix’s plans to unify two existing bank debt facilities into a single facility

* Bond will be issued on 7 july 2014 with a maturity date of 7 july 2021 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below