Voya Financial Inc 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B
By: Tim McPartland,
Date Issued 6/11/2019
Shares Issued 12,000,000 Overallotment Shares None
S&P Rating BBB- Moodys Rating Ba2
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
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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