PhenixFIN Corporation 525 Notes due 2028

PhenixFIN Corporation operates as a business development company BDC primarily focusing on private transactions that involve both debt and equity securities The firm targets small and middlemarket enterprises across North America Its investment mandate covers a wide array of sectors including but not limited to business services real estate automotive oil and gas aerospace and defense home furnishings and durable consumer goods healthcare education and childcare personal food and miscellaneous services retail diverse manufacturing telecommunications mining steel and metals leisure and entertainment chemicals and plastics financial services nondurable consumer goods manufacturing food beverage and tobacco packaging specialized machinery diversified services restaurants and franchises electronics and cargo transport PhenixFIN seeks private debt opportunities within companies possessing enterprise or asset values ranging from 25 million to 250 million The companys individual debt investments typically fall between 10 million and 50 million While the fund generally holds investments for three to seven years often to maturity or repayment it retains the flexibility to realize or sell certain holdings earlier Beyond capital provision PhenixFIN may assume board positions within its investee companies and offer management support to specific portfolio entities It structures its investments using diverse instruments such as first and second lien senior secured loans senior secured notes senior and subordinate notes unitranche facilities and frequently seeks warrants or other forms of equity participation Coinvestment in privately negotiated transactions is also a possibility under specific conditions PhenixFIN Corporation was established in 2010 and maintains its headquarters in New York New York