![RT1 redemptions - a trend is your friend](/sites/default/files/styles/teaser_image_max715/public/2024-06/06.06.24%20Blog_Teaser_tint.jpg.webp?itok=pmtrZXiK)
RT1 redemptions - a trend is your friend
Phoenix Group (Phoenix), a UK-based insurer mostly in the savings and pensions business, announced a tender offer at par for up to $500m of its $750m 5.625% RT1 callable in January 2025, and $350m Tier 2 callable in June 2026.