Phoenix Group Holdings, founded in 1782 and headquartered in London, is a leading provider of insurance and investment services in the UK. The company's primary purpose is to manage and enhance the value of closed life insurance funds, offering a range of products that include annuities, pensions, and asset management solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PHNXLN 4.38% 2029-01-24 EURPhoenix Group Holdings | United Kingdom | 2029-01-24 | 4.375 | 3.21 |
| PHNXLN 5.75% Perpetual GBPPhoenix Group Holdings | United Kingdom | Perpetual | 5.750 | 9.19 |
| PHNXLN 6.63% 2025-12-18 GBPPhoenix Group Holdings | United Kingdom | 2025-12-18 | 6.625 | 4.83 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Phoenix Group Holdings began issuing bonds to support its growth strategy, with notable issuances starting in 2015, following its acquisition of Standard Life Assurance. Among its significant bond issuances, the £300 million bond in 2020 aimed to refinance existing debt, featuring a competitive yield of 3.5% against the industry average of 4.2%. The company continues to be active in the bond market, with recent issuances reflecting its solid funding strategy and a commitment to maintain financial stability amidst evolving market conditions.