trending Market Intelligence /marketintelligence/en/news-insights/trending/9f8va2bkojpbr39dqcwqig2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Voya Financial prices preferred share offering

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

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.