Phoenix Files Shelf Registration with SEC
HARTFORD, Conn.--([ BUSINESS WIRE ])--The Phoenix Companies, Inc. (NYSE: PNX) announced today that it filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The shelf registration replaces the company's previous shelf registration, which expired on November 30, 2008.
Under the shelf registration process, Phoenix registered various classes of securities it may sell in one or more future offerings. Phoenix is not currently considering any offering of securities under the shelf registration, with a possible exception relating to the Capital Purchase Program of the U.S. Department of the Treasury's Troubled Asset Relief Program. The company has applied to the program, but any related offering of securities would depend on Phoenix both being approved and electing to participate.
About The Phoenix Companies, Inc.
With roots dating to 1851, The Phoenix Companies, Inc. (NYSE:PNX) helps its customers find straightforward solutions to often highly complex personal financial and business planning needs through life insurance and annuities. Phoenix's products are available through a wide variety of third-party financial professionals and intermediaries, supported by the company's wholesalers and financial planning specialists.