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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