{"id":1810,"date":"2016-10-05T01:23:26","date_gmt":"2016-10-05T01:23:26","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1810"},"modified":"2016-10-01T18:25:10","modified_gmt":"2016-10-01T18:25:10","slug":"the-phoenix-group","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1810","title":{"rendered":"The Phoenix Group"},"content":{"rendered":"<p>The Phoenix Group is a UK FTSE-250 Listed Life Assurance company, that buys closed life books.<\/p>\n<p><a href=\"http:\/\/www.thephoenixgroup.com\/\" target=\"_blank\">http:\/\/www.thephoenixgroup.com\/<\/a><\/p>\n<p>It has around 4.5 million policyholders and <strong>\u00a352 billion assets.<\/strong><\/p>\n<p>On Wed 28th September, Phoenix announced it was buying Abbey Life from Deutsche Bank who are in the eye of current storm.<\/p>\n<p><a href=\"http:\/\/www.thephoenixgroup.com\/investor-relations\/proposed-acquisition-of-abbey-life.aspx\" target=\"_blank\">http:\/\/www.thephoenixgroup.com\/investor-relations\/proposed-acquisition-of-abbey-life.aspx<\/a><\/p>\n<p>Interesting to see the debt structure of Phoenix Life.<\/p>\n<p><a href=\"http:\/\/www.thephoenixgroup.com\/~\/media\/Files\/P\/Phoenix-Group-v3\/Attachments\/pdf\/2015-phoenix-group-debt-investor-update.pdf\" target=\"_blank\">http:\/\/www.thephoenixgroup.com\/~\/media\/Files\/P\/Phoenix-Group-v3\/Attachments\/pdf\/2015-phoenix-group-debt-investor-update.pdf<\/a><\/p>\n<p>yes, total debt of <strong>\u00a312,148 Million<\/strong><\/p>\n<p>Phoenix offers its shareholders an yield of <strong>3%.<\/strong><\/p>\n<p><a href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=2366179&amp;action=\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=2366179&amp;action=<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Phoenix Group is a UK FTSE-250 Listed Life Assurance company, that buys closed life books. http:\/\/www.thephoenixgroup.com\/ It has around 4.5 million policyholders and \u00a352 billion assets. On Wed 28th September, Phoenix announced it was buying Abbey Life from Deutsche Bank who are in the eye of current storm. http:\/\/www.thephoenixgroup.com\/investor-relations\/proposed-acquisition-of-abbey-life.aspx Interesting to see the debt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1810","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1810"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1810\/revisions"}],"predecessor-version":[{"id":1811,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1810\/revisions\/1811"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}