Fitch affirms Voya Financial

Fitch Ratings said it affirmed Voya Financial, Inc.'s long-term issuer default rating at BBB+, its senior notes at BBB and its junior subordinated notes at BB+.

The outlook remains negative.

“The affirmation of the ratings reflects Voya's strong balance sheet fundamentals and improved strong business profile, which reflect a strong market position in institutional retirement and investment management and significant operating scale,” Fitch said in a news release.

“The ratings also consider the company's strong operating performance within its core business segments.”

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