<SEC-DOCUMENT>0000922423-22-000041.txt : 20221216
<SEC-HEADER>0000922423-22-000041.hdr.sgml : 20221216
<ACCEPTANCE-DATETIME>20221215204918
ACCESSION NUMBER:		0000922423-22-000041
CONFORMED SUBMISSION TYPE:	N-23C-2
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221215
FILED AS OF DATE:		20221216
DATE AS OF CHANGE:		20221215
EFFECTIVENESS DATE:		20221216

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:		221466265

	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>kl1608808_n23c2.htm
<DESCRIPTION>FORM N-23C-2
<TEXT>
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      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">Washington, D. C. 20549</div>
      <div><br>
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      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT TO RULE 23C-2</div>
      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">UNDER THE INVESTMENT COMPANY ACT OF 1940</div>
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      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">File No. 817-01312</div>
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      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">PHENIXFIN CORPORATION</div>
      <div style="text-align: center; color: #000000; font-size: 12pt;">(Name of Registrant)</div>
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      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">445 Park Avenue, 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor</div>
      <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">New York, NY 10022</div>
      <div style="text-align: center; color: #000000; font-size: 12pt;">(Address of Principal Executive Office)</div>
      <div><br>
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      <div style="text-align: justify; color: #000000;">The undersigned here notifies the Securities and Exchange Commission (the &#8220;<font style="font-weight: bold; font-style: italic;">Commission</font>&#8221;) 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.</div>
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              <div style="color: #000000;">(1)</div>
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              <div style="color: #000000;">Title of the class of securities of PhenixFIN Corporation (the &#8220;<font style="font-weight: bold; font-style: italic;">Company</font>&#8221;) to be redeemed:</div>
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            <td style="width: 96.69%; vertical-align: bottom;">&#160;</td>
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              <div style="color: #000000;">6.125% Notes due 2023 (CUSIP: 71742W 202) (the &#8220;<font style="font-weight: bold; font-style: italic;">Notes</font>&#8221;).</div>
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            <td style="width: 96.69%; vertical-align: bottom;">&#160;</td>
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              <div style="color: #000000;">(2)</div>
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              <div style="color: #000000;">Date on which the securities are to be redeemed:</div>
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              <div style="color: #000000;">The Notes will be redeemed on January 17, 2023.</div>
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              <div style="color: #000000;">(3)</div>
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              <div style="color: #000000;">Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:</div>
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              <div style="color: #000000;">The Notes are to be redeemed pursuant to (i) Article Eleven of the Company&#8217;s base indenture governing the Notes, dated as of February 7, 2012 (the
                &#8220;<font style="font-weight: bold; font-style: italic;">Base Indenture</font>&#8221;), 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 &#8220;<font style="font-weight: bold; font-style: italic;">Second
                  Supplemental Indenture</font>&#8221;).</div>
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            <td style="width: 96.69%; vertical-align: bottom;">&#160;</td>
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              <div style="color: #000000;">(4)</div>
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              <div style="color: #000000;">The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:</div>
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              <div style="color: #000000;">The Company will redeem $22,521,800 in aggregate principal amount of the issued and outstanding Notes pursuant to the terms of the Base Indenture
                and the Second Supplemental Indenture.</div>
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      <div style="text-align: center; color: #000000; font-weight: bold;">SIGNATURE</div>
      <div style="color: #000000;">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; color: #000000;">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 style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day of December, 2022.</div>
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              <div style="color: #000000; font-weight: bold;">PHENIXFIN CORPORATION</div>
            </td>
            <td style="vertical-align: bottom; width: 10%;" colspan="1">&#160;</td>
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            <td style="width: 10%; vertical-align: bottom;" colspan="1">&#160;</td>
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              <div style="color: #000000;">By:</div>
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            <td style="width: 35%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="color: #000000;">/s/David Lorber</div>
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            <td style="width: 10%; vertical-align: top; padding-bottom: 2px;" colspan="1">&#160;</td>
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            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
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              <div style="color: #000000;">Name:</div>
            </td>
            <td style="width: 35%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">David Lorber</div>
            </td>
            <td style="width: 10%; vertical-align: top;" colspan="1">&#160;</td>
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            <td style="width: 50%; vertical-align: bottom;">&#160;</td>
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              <div style="color: #000000;">Title:</div>
            </td>
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              <div style="color: #000000;">Chairman and Chief Executive Officer</div>
            </td>
            <td style="width: 10%; vertical-align: top;" colspan="1">&#160;</td>
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