By Lisa Kerner
Charlotte, N.C., June 6 – Voya Financial, Inc. priced $500 million of 3.65% senior notes due 2026 and $300 million of 4.8% senior notes due 2046, according to a news release.
Barclays, SunTrust Robinson Humphrey Inc., U.S. Bancorp Investments Inc. were joint bookrunners.
Proceeds will be used to purchase outstanding notes and debentures of Voya and Voya Holdings Inc. and for general corporate purposes.
The offering is expected to close on June 13.
The notes are guaranteed by Voya Holdings Inc.
Voya is a financial, retirement, investment and insurance company based in New York.
| Issuer: | Voya Financial, Inc.
|
| Guarantor: | Voya Holdings Inc.
|
| Issue: | Senior notes
|
| Amount: | $800 million
|
| Joint bookrunners: | Barclays, SunTrust Robinson Humphrey Inc., U.S. Bancorp Investments Inc.
|
| Trade date: | June 6
|
| Settlement date: | June 13
|
|
|
| 10-year notes
|
| Amount: | $500 million
|
| Maturity: | 2026
|
| Coupon: | 3.65%
|
|
|
| 30-year notes
|
| Amount: | $300 million
|
| Maturity: | 2046
|
| Coupon: | 4.8%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
