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Phoenix Cos., Inc., 7.45% Quarterly Interest Bonds QUIBS due 1/15/2032
Ticker Symbol: TEMP55     CUSIP: 71902E208     Exchange: TRACE
We know of no way of obtaining a quote for TRACE listed securities.
Security Type:   Exchange-Traded Debt Security
* NOTE: This security has been delisted at the request of the issuer and is no longer trading
but to our knowledge is still paying distributions to holders.
The security may start trading on the Other OTC market but to date it has not (to our knowledge).

QUANTUMONLINE.COM SECURITY DESCRIPTION:  The Phoenix Companies, Inc., 7.45% Quarterly Interest Bonds (QUIBS), issued in $25 denominations, redeemable at the issuer's option on or after 1/15/2007 at $25 per share plus accrued and unpaid interest, maturing 1/15/2032, distributions of 7.45% ($1.8625) per annum are paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on 1/1, 4/1, 7/1 & 10/1 respectively.

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.

The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future senior 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.

Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
Delisted
7.45%
$1.8625
$25.00
$25.00
1/15/2007
1/15/2032
WR B-
1/22/2016
1/15, 4/15, 7/15 & 10/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (PNX*)

Notes:  June 20, 2016 -- Nassau Reinsurance Group Holdings, L.P. and The Phoenix Companies, Inc. (NYSE:PNX) today announced the successful completion of Nassau Re's previously announced acquisition of Phoenix after receipt of insurance regulatory approvals from the Connecticut Insurance Department and the New York State Department of Financial Services. Phoenix is now a privately held, wholly owned subsidiary of Nassau Re, serving as its U.S. life and annuity platform. In addition, Saybrus Partners, Inc., Phoenix's distribution subsidiary, has become a subsidiary of Nassau Re, held outside of Phoenix. Phoenix stockholders have the right to receive $37.50 in cash, without interest, for each share of common stock held. Phoenix’s common stock will cease trading at the close of market today and will be delisted from the New York Stock Exchange. …… Phoenix intends to delist its 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E208) (NYSE:PFX) from the New York Stock Exchange. The bonds will begin trading in the over the counter market on June 27, 2016. The TRACE symbol for this security will be PNX3814338. ____________ January 7, 2016 -- The Phoenix Companies, Inc. today announced it is seeking consent of holders of its 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E 20 8) (PFX) to amend the indenture governing the bonds. The proposed amendment is in connection with Phoenix’s previously announced agreement to be acquired by Nassau Reinsurance Group Holdings, L.P. and become its privately held, wholly owned subsidiary. If the merger is consummated and the company is no longer required to file reports with the SEC, and is not otherwise required to file reports with the bond trustee or the SEC pursuant to the Trust Indenture Act of 1939, the proposed amendment would require Phoenix to deliver to the bond trustee certain annual financial statements, quarterly financial statements and reports on certain current events. The solicitation will expire at 5:00 p.m., New York City time, on Feb. 9, 2016, or such date and time to which the company may extend it. Only bondholders of record as of 5:00 p.m., New York City time, on Jan. 6, 2016 may provide consents and receive the consent fee. If the consent solicitation is successful, and subject to the conditions described in the Consent Solicitation Statement dated Jan. 7, 2016, bondholders will be compensated for their consent that is validly delivered and not revoked in the amount of $0.0625 for each $25 in principal amount. Further, as described in the Consent Solicitation Statement, retail processing dealers may receive a cash payment. Phoenix is making the Consent Solicitation Statement available to its bondholders through the bank or broker where their bonds are held and will begin outreach for their consent to the proposed amendment. The proposed amendment will become effective if Phoenix receives consents from holders representing a majority of the outstanding principal amount of the bonds and the merger is consummated. Morgan Stanley & Co. LLC is serving as Solicitation Agent and D.F. King & Co., Inc. is serving as Information and Tabulation Agent for this solicitation. Bondholders needing assistance or additional copies of the Consent Solicitation Statement should call D.F. King at 1-866-620-2535. Banks and brokers should call D.F. King at 1-212-269-5550. Inquiries to D.F. King also may be sent via email to pfx@dfking.com. General questions may be directed to Morgan Stanley at 1-800-624-1808. ____________ January 23, 2014 -- The Phoenix Companies, Inc. (PNX) today commenced its previously announced solicitation of bondholders holding its 7.45% Quarterly Interest Bonds Due 2032 (CUSIP 71902E 20 8) seeking a consent to amend the indenture governing the bonds and provide a related waiver. The amendment to the terms of the indenture would allow Phoenix to extend to March 16, 2015 the deadline for all SEC reports required to be delivered to the bond trustee prior to that date, but will not alter the company’s current obligation to pay principal and interest on the bonds as provided for in the indenture. Phoenix previously said it expects to file its 2012 Form 10-K by March 31, 2014 and become a timely SEC filer with the filing of its second quarter 2014 Form 10-Q. The extended deadline would provide Phoenix with additional flexibility for delivering required SEC reports to the bond trustee. As previously reported, Phoenix is restating historical annual and interim GAAP financial statements. As a result, Phoenix has not yet filed with the SEC its third quarter 2012 Form 10-Q and its subsequent periodic reports. Phoenix is required to file its quarterly and annual reports with the bond trustee within 15 days after the applicable filing deadline. After each deadline, the trustee or holders representing 25% or more in outstanding principal amount of the bonds may then initiate a 60-day “cure” period. If the reports are not delivered to the trustee before the cure period expires, the trustee or holders representing 25% or more in outstanding principal amount of the bonds can request acceleration of maturity. In May 2013, Phoenix received valid consents from bondholders that allowed the company to extend the date for providing to the bond trustee its third quarter 2012 Form 10-Q and subsequent periodic reports to Dec. 31, 2013. Because Phoenix did not meet this deadline and does not expect to provide the reports within the cure period, it must obtain bondholder consent for the amendments and waiver by March 7, 2014 to avoid an event of default. Phoenix is making a Consent Solicitation Statement available to its bondholders through the bank or broker where their bonds are held and will begin outreach for their consent to the amendments. If the consent solicitation is successful, and subject to the conditions described in the Consent Solicitation Statement, bondholders will be compensated for their consent in the amount of $0.0625 for each $25 in principal amount. Bondholders may revoke their consent pursuant to the terms described in the Consent Solicitation Statement. The solicitation will expire at 5 p.m., EST, on Feb. 20, 2014, or such date and time to which the company may extend it. Only bondholders of record as of the close of business on Jan. 22, 2014 may provide consents and receive the consent fee. This announcement is not a solicitation of consents with respect to any bonds. The consent solicitation is being made solely by a Consent Solicitation Statement and related documents. Morgan Stanley & Co. LLC is serving as Solicitation Agent and D.F. King & Co., Inc. is serving as Information and Tabulation Agent for this solicitation. Bondholders needing assistance or additional copies of the Consent Solicitation Statement should call D.F. King at 1-800-829-6551 or send an email to pfx@dfking.com. Bankers and brokers should call D.F. King at 1-212-269-5550. General questions may be directed to Morgan Stanley at 1-800-624-1808. _____________ Dec 12, 2012 -- The Phoenix Companies, Inc. (PNX) today commenced its previously announced solicitation of bondholders holding its 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E 20 8) seeking a one-time consent to amend the indenture governing the bonds and provide a related waiver. Phoenix is restating financial statements for several prior periods and, as a result, delayed filing its third quarter 2012 Form 10-Q with the Securities and Exchange Commission (SEC). That delay prevented Phoenix from filing the required Form 10-Q with the bond trustee within 15 days after the SEC filing deadline. The company said it intends to file its third quarter 2012 Form 10-Q with the SEC prior to the timely filing of its year-end 2012 Form 10-K. The SEC’s deadline for the Form 10-K filing is March 18, 2013. The approval of the amendments and waiver will allow Phoenix to extend the date for providing its third quarter 2012 Form 10-Q to the bond trustee to March 31, 2013 and will not alter the company’s current obligation to pay principal and interest on the bonds as provided for in the indenture. The solicitation will expire at 5 p.m., EST, on Jan. 15, 2013, or such date and time to which the company may extend it. Only bondholders of record as of the close of business on Dec. 11, 2012 may provide consents and receive the consent fee. Phoenix is making a Consent Solicitation Statement available to its bondholders through the bank or broker where their bonds are held and will begin outreach for their consent to the amendments. If the consent solicitation is successful, and subject to the conditions described in the Consent Solicitation Statement, bondholders will be compensated for their consent in the amount of $0.0625 for each $25 in principal amount. Morgan Stanley & Co. LLC is serving as Solicitation Agent and D.F. King & Co., Inc. is serving as Information and Tabulation Agent for this solicitation. Bondholders needing assistance or additional copies of the Consent Solicitation Statement should call D.F. King at 1-800-829-6551. Bankers and brokers should call D.F. King at 1-212-269-5550. General questions may be directed to Morgan Stanley at 1-800-624-1808.

IPO - 12/21/2001 - 12.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Previous Ticker Symbol: PFX
Market Value $ Million

Company's Online Information Links
HOME PAGE:     https://nfg.com/
Company's Online News Releases Go to News Releases

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address pnx.ir@phoenixwm.com

Address and Phone Numbers
Address:   One American Row, Hartford, CT 06102
Main Phone Number 860-403-5000
Fax Number 860-403-7880
Investor Relations   Naomi Baline Kleinman 860-403-7100
CEO - James D. Wehr CFO - Bonnie J. Malley

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