Cinven raises £427m for GFS Phoenix acquisition

© 2026 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cinven raises £427m for GFS Phoenix acquisition

Lloyds, National Bank of Australia, Royal Bank of Canada and Royal Bank of Scotland have underwritten £427m of senior loans to support the acquisition of 300,000 in-payment pension annuities by Guardian Financials Services, the life insurance group that Cinven bought in November 2011, from Phoenix Group.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • European securitization issuance database
  • Daily newsletters across markets and asset classes
  • 1 weekly securitization podcast

Related articles

Gift this article