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BDC PhenixFin to Sell New Baby Bonds

PhenixFin Corp (PFX), a business development company, has announced they will be selling a new issue of baby bonds.

PFX is the old Medley Capital.

The company will be selling notes with a maturity date in 2028 and an optional redemption date in November, 2023.

The company intends to redeem all or part of the outstanding 6.125% baby bonds (PFXNL).

The preliminary prospectus can be found here.

2whiteroses was on top of this one early today.

3 thoughts on “BDC PhenixFin to Sell New Baby Bonds”

    1. Anyone who hasnt first max loaded what they can in Ibonds for this year and in January and buys 5% issues or less is not being prudent at all. With the CPI print of almost 1% for October, next 6 month cycle is already out the gate and on fire.

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