Phoenix surfaces with sterling £500m RT1

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Phoenix surfaces with sterling £500m RT1

Sterling_coin_graph_Adobe_230x150
One pound coin on fluctuating graph. Rate of the pound sterling (shallow DOF) | VALERIYA POTAPOVA/Valerie Potapova - stock.adobe.com

Phoenix Group Holdings opened order books on a restricted tier one deal in the sterling market on Thursday, ahead of its planned acquisition of Standard Life.

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