<SEC-DOCUMENT>0001213900-21-059549.txt : 20211115
<SEC-HEADER>0001213900-21-059549.hdr.sgml : 20211115
<ACCEPTANCE-DATETIME>20211115171908
ACCESSION NUMBER:		0001213900-21-059549
CONFORMED SUBMISSION TYPE:	N-23C-2
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211115
FILED AS OF DATE:		20211115
DATE AS OF CHANGE:		20211115
EFFECTIVENESS DATE:		20211115

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PhenixFIN Corp
		CENTRAL INDEX KEY:			0001490349
		IRS NUMBER:				274576073
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		N-23C-2
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-01312
		FILM NUMBER:		211412515

	BUSINESS ADDRESS:	
		STREET 1:		445 PARK AVENUE
		STREET 2:		9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-759-0777

	MAIL ADDRESS:	
		STREET 1:		445 PARK AVENUE
		STREET 2:		9TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Medley Capital Corp
		DATE OF NAME CHANGE:	20110118

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Medley Capital BDC LLC
		DATE OF NAME CHANGE:	20100426
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-2
<SEQUENCE>1
<FILENAME>s134341_n23c2.htm
<DESCRIPTION>N-23C-2
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D. C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT
TO RULE 23C-2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNDER THE INVESTMENT COMPANY ACT OF 1940</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>File No. 814-00818</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25pt; text-align: center"><B>PHENIXFIN CORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25pt; text-align: center">(Name of Registrant)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25pt; text-align: center"><B>445 Park Avenue, 10<SUP>th</SUP>
Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25pt; text-align: center"><B>New York, NY 10022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.25pt; text-align: center">(Address of Principal Executive Office)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The undersigned here notifies the Securities and
Exchange Commission (the &ldquo;<B><I>Commission</I></B>&rdquo;) that it intends to redeem securities of which it is the issuer, as set
forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 4%; padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding: 1.75pt 0; width: 96%; font-size: 10pt"><FONT STYLE="font-size: 10pt">Title of the class of securities of
PhenixFIN Corporation (the &ldquo;<B><I>Company</I></B>&rdquo;) to be redeemed:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 0; font-size: 10pt"><FONT STYLE="font-size: 10pt">6.125% Notes due 2023 (CUSIP: 71742W 202) (the &ldquo;<B><I>Notes</I></B>&rdquo;). </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">(2) </FONT></TD>
    <TD STYLE="padding: 1.75pt 0; font-size: 10pt"><FONT STYLE="font-size: 10pt">Date on which the securities are to be redeemed:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 0; font-size: 10pt"><FONT STYLE="font-size: 10pt">The Notes will be redeemed on December 16, 2021.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding: 1.75pt 0; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 0; font-size: 10pt"><FONT STYLE="font-size: 10pt">The Notes are to be redeemed pursuant to (i) Article Eleven of the Company&rsquo;s base indenture governing the Notes, dated as of February 7, 2012 (the &ldquo;<B><I>Base Indenture</I></B>&rdquo;), between the Company and U.S. Bank National Association, as trustee, and (ii) Section 101(h) of the Second Supplemental Indenture, dated as of March 18, 2013, between the Company and U.S. Bank National Association, as trustee (the &ldquo;<B><I>Second Supplemental Indenture</I></B>&rdquo;).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="padding: 1.75pt 0; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1pt 0">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 1pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 0; font-size: 10pt"><FONT STYLE="font-size: 10pt">The Company will redeem $55,325,000 in aggregate principal amount of the issued and outstanding Notes pursuant to the terms of the Base Indenture and the Second Supplemental Indenture.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of Rule 23c-2 under the Investment Company Act of 1940, as amended, the Company has duly caused this Notice of Intention to Redeem Securities
to be signed on its behalf by the undersigned on this 15<SUP>th</SUP> day of November, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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    <TD STYLE="padding: 0; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0"><FONT STYLE="font-size: 10pt"><B>PHENIXFIN CORPORATION</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0; vertical-align: top; font-size: 10pt; width: 60%">&nbsp;</TD>
    <TD STYLE="padding: 0; vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="padding: 0; vertical-align: bottom; width: 34%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0; vertical-align: top; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="padding: 0; vertical-align: top; font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/ David Lorber</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0; vertical-align: top; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding: 0; vertical-align: top; font-size: 10pt">David Lorber</TD></TR>
  <TR>
    <TD STYLE="padding: 0; vertical-align: top; font-size: 10pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding: 0; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="padding: 0; vertical-align: top; font-size: 10pt"><FONT STYLE="font-size: 10pt">Chairman and Chief Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>

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