Phoenix Group Holdings PLC (LON:PHNX)

Phoenix Group Holdings PLC (LON:PHNX)

Share Price
717.60 p
-0.4 (-0.06 %)
Market Cap
£5,176.81 m
Proactive Investors - Run By Investors For Investors

Phoenix Group Holdings PLC RNS Release

PGH PLC Issuer of Senior Debt Securities Update

RNS Number : 6105C
Phoenix Group Holdings PLC
18 June 2019

Phoenix Group Holdings plc

Notice of the Substitution of Phoenix Group Holdings plc ("PGHplc") in place of Phoenix Group Holdings ("PGH") as issuer of Senior Debt Securities

Notice is hereby given to the holders of the £300,000,000 5.75 per cent. Guaranteed Bonds due 2021 (of which £121,610,000 in aggregate principal amount remains outstanding) issued by PGH (the "Senior Debt Securities"), that with effect from 18 June 2019 PGHplc will be substituted in place of PGH as the principal debtor under, and issuer of, the Senior Debt Securities.

With effect from 18 June 2019, PGH will resign as a guarantor and borrower under the Phoenix Group's £900 million revolving credit facilities agreement and £600 million acquisition facilities agreement, and PGH does not have any outstanding loans under the facilities agreements. PGHplc remains as a guarantor and a borrower under each of the facilities agreements.

Copies of the amended and restated terms and conditions of the Senior Debt Securities are available via the link below:

For further information, please contact:

Rashmin Shah, Group Treasurer, Phoenix Group

Telephone:     +44 (0) 20 3735 0059

Email:            [email protected]




This notice does not constitute or form part of an offer to sell or the solicitation of an offer to subscribe for or otherwise acquire any securities.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

Phoenix Group Holdings PLC Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use