The Phoenix Companies Reports Success of Consent Solicitation, Says Will Give Restatement Update by June 30th

By: Benzinga
The Phoenix Companies, Inc. (NYSE: PNX ) today announced the consent of bondholders holding the majority in principal amount of its 7.45% Quarterly Interest Bonds due 2032 (CUSIP 71902E 20 8) (NYSE: PFX ) to amend the indenture governing the bonds and provide a related waiver. The consents received represent approximately 60%
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