8-K 1 d8k.htm FORM 8-K FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 30, 2008

The Phoenix Companies, Inc.

 

(Exact name of registrant as specified in its charter)

 

Delaware

  

001-16517

  

06-1599088

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

 

One American Row, Hartford, CT

  

06102 -5056

(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (860) 403-5000

NOT APPLICABLE

 

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

In light of recent events regarding Wachovia Corporation (“Wachovia”), The Phoenix Companies, Inc. (the “Company”) provides disclosure regarding its holdings in its investment portfolio related to Wachovia and its affiliates as of September 30, 2008. The Company’s investment portfolio had approximately $14.9 billion in invested assets as of September 30, 2008.

Phoenix Issuer Exposure

Amortized Cost as of September 30, 2008

($ in millions)

 

     Wachovia  

GICs

      —    

Senior Debt

    $ 3.2  

Subordinated Debt

    $ 36.1  

Preferred Stock

      —    

Common Stock

      —    

CDS

      —    

Securities Lending

      —    

Commercial Paper

      —    

Derivatives1

    $ 11.1  

Total

    $ 50.4  

% Total Invested Assets

      0.34 %

Amount in Closed Block

    $ 30.9  

 

1

Market value as of September 30, 2008.

* * * *

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    THE PHOENIX COMPANIES, INC.
Date: October 1, 2008     By:   /s/ Peter A. Hofmann
       

Name: Peter A. Hofmann

Title: Senior Executive Vice President and Chief Financial Officer