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PhenixFIN Corp., 6.125% Senior Notes due 3/30/2023
Ticker Symbol: PFXNL* CUSIP: 58503F304 Exchange: NGM
* NOTE: This security is no longer trading as of 1/17/2023
Security has been Called for: Tuesday, January 17, 2023
From the 12/4/2018 news release -- On November 30, 2018, the Company issued a redemption notice relating to its 2023 Notes and will redeem $12,000,000 in aggregate principal amount on December 31, 2018. ____________ From the 8-K report filed with the SEC on 2/7/2018 -- On February 7, 2018, Medley Capital Corporation caused notices to be issued to the holders of its 6.125% Notes due 2023 (CUSIP No. 58503F 304; NASDAQ: MCV) regarding the Company’s exercise of its option to redeem all of the issued and outstanding Notes, pursuant to Section 1104 of the Indenture dated as of February 7, 2012, between the Company and U.S. Bank National Association, as trustee, and Section 101(h) of the Second Supplemental Indenture dated as of March 18, 2013. The Company will redeem $13,000,000 in aggregate principal amount of the $102,846,800 in aggregate principal amount of issued and outstanding Notes on March 10, 2018. The Notes will be redeemed at 100% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon from December 30, 2017, through, but excluding, the Redemption Date.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: PhenixFIN Corp formerly Medley Capital Corp., 6.125% Senior Notes due 2023, issued in $25 denominations, redeemable at the issuer's option on or after 3/30/2016 at $25 per note plus accrued and unpaid interest, and maturing 3/30/2023. Interest distributions of 6.125% per annum ($1.53125 per annum or $0.3828125 per quarter) will be paid quarterly on 3/30, 6/30, 9/30 & 12/30 to holders of record on the record date that will be 3/15, 6/15, 9/15 & 12/15 respectively (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. This security was not rated by Moody’s or S&P at the time of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (PFX)
IPO - 3/12/2013 - 2.40 Million Notes @ $25.00 /note.
Link to IPO Prospectus
Previous Ticker Symbol: MCV Changed: 1/04/2021
Previous Name: Medley Capital Corp Changed: 1/01/2021
Market Value $60.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 445 Park Avenue, 9th Floor, New York, NY 10022 |
| Main Phone Number |
212-859-0390 |
| Fax Number |
Not Available |
| Investor Relations
Sam Anderson
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212-759-0777
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| CEO - David Lorber |
CFO - Ellida McMillan |
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