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Phoenix Group Holdings
Insurance and reinsurance / Insurance
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web1. Financial uncertainty: Phoenix Group Holdings may experience decreased access to capital if their credit rating decreases, which could lead to a decrease in their ability to fund their ongoing business operations or pursue future growth opportunities.
2. Increased interest rates: A decrease in the company's credit rating could lead to increased interest rates on their debt, leading to higher finance costs and a decrease in their profits.
3. Increased borrowing costs: Phoenix Group Holdings may incur higher borrowing costs when issuing debt because of their decreased credit rating. This could lead to higher finance costs and results in lower profits.
4. Reputational damage: A decrease in their credit rating could also lead to potential damage to the company's reputation and could have an adverse effect on their ability to attract and retain customers.
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