trending Market Intelligence /marketintelligence/en/news-insights/trending/9f8va2bkojpbr39dqcwqig2 content esgSubNav
In This List

Voya Financial prices preferred share offering

Video

S&P Capital IQ Pro | Powering Your Edge

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers


Voya Financial prices preferred share offering

Voya Financial Inc. has priced a public offering of 325,000 of its 6.125% series A fixed-rate reset noncumulative preferred shares at an offering price of $1,000 per share.

The offering is expected to close Sept. 12.

The net proceeds may be used to purchase or redeem certain outstanding notes and debentures of Voya and its subsidiary, Voya Holdings Inc., and for general corporate purposes.

Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Merrill Lynch Pierce Fenner & Smith Inc. and RBC Capital Markets LLC are acting as joint book-running managers for the offering.