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

Voya Financial prices preferred share offering

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions

Blog

The Worlds Largest Life Insurers, 2023

Blog

The World's Largest P&C Insurers, 2023

Blog

Essential IR Insights Newsletter Fall - 2023


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.