Voya Financial Inc 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B

By: ,

Date Issued 6/11/2019

Shares Issued 12,000,000     Overallotment Shares  None

S&P Rating  BBB-   Moodys Rating  Ba2

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Security Ticker Symbol VOYA-B OTC Grey Market Ticker  VOYXL

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of March, June, September and December beginning on 9/15/2019

Quarterly Dividend   .334       Annual Dividend  1.3375

Securities may be redeemed, at the issuers option, as early as 9/15/2029  the call price is $25 plus accrued dividends

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On and after 9/15/2029 the coupon will reset at an interest rate of the 5 year treasury rate, plus a spread of 3.21% every 5 years.

Dividend Payment will likely be Qualified Distributions

Maturity Date   None

 

Click here for the offering Prospectus and/or Final Pricing Document

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