PFX - PhenixFIN prices $50M in notes offering

PhenixFIN (PFX +1.3%) priced $50M principal amount of 5.25% Notes due 2028 in a public offering; underwriters granted 30-day option to purchase up to an additional $7.5M in principal amount of notes. The notes will mature on Nov. 1, 2028, and may be redeemed in whole or partial on or after Nov.1, 2023. The notes will bear annual interest at of 5.25% payable quarterly, commencing Feb.1, 2022. Notes are expected to list on Nasdaq under the symbol, "PFXNZ" within 30 issuance days. Offer closing expected to be delivered on or about Nov.15. Net proceeds to be sued for redeeming partial outstanding principal amount of its 6.125% Notes due 2023.

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PhenixFIN prices $50M in notes offering