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PhenixFIN (NYSE:PFX) Stock Rating Lowered by Zacks Investment Research

PhenixFIN (NYSE:PFX) Stock Rating Lowered by Zacks Investment Research
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PhenixFIN Corporation Announces First Quarter 2021 Financial Results


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PhenixFIN Corporation Announces First Quarter 2021 Financial Results
PhenixFIN CorporationFebruary 16, 2021 GMT
NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal first quarter of 2021.
First Quarter 2021 Highlights
$62.4 million in cash on December 31, 2020
Sale of MCC Senior Loan Strategy JV I LLC (“MCC JV”), resulting in net proceeds of $41 million
Full redemption of $74.0 million of the 6.5% Notes due 2021
Net asset value of $144.2 million, or $52.94 per share vs. $55.30 per share as of September 30, 2020 ....

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Medley LLC Retains B. Riley to Conduct Strategic Review of Bonds


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NEW YORK, Jan. 11, 2021 /PRNewswire/ Medley LLC (the Company ) announced today that the Company has engaged B. Riley Securities Inc. ( B. Riley ) as its investment banking advisor to assist in analyzing various strategic financial alternatives to address its capital structure, including strategic and financing alternatives to restructure its indebtedness and other contractual obligations. Medley LLC has outstanding unsecured bonds which trade on the NYSE under the symbols (NYSE: MDLX) and (NYSE: MDLQ).
B. Riley Securities is an affiliate of B. Riley Financial, Inc.
There can be no assurance that this review will result in any particular outcome. ....

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Medley Capital (Medley Capital) - Company, United States


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