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Voya Equity Closed End Funds Declare Distributions

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE:VOYA), announced today the distributions on the common shares of six of its closed-end funds (each a "Fund" and collectively, the "Funds").

With respect to each Fund, the distribution will be paid on January 16, 2018, to shareholders of record on December 29, 2017. The ex-dividend date is December 28, 2017. The distribution per share for each Fund is as follows:

Fund

   

Distribution Per Share

Monthly Distributions

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD) $0.061
Voya International High Dividend Equity Income Fund (NYSE: IID) $0.052
 

Quarterly Distributions

 

Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) $0.205
Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) $0.185
Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) $0.225
Voya Natural Resources Equity Income Fund (NYSE: IRR) $0.162
 

Each Fund intends to make regular monthly/quarterly distributions based on the past and projected performance of each Fund. The amount of monthly/quarterly distributions may vary, depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the common shares may change. There can be no assurance that a Fund will be able to declare a distribution in each period. Past performance is no guarantee of future results.

The tax treatment and characterization of a Fund's distributions may vary significantly from time to time depending on the net investment income of the Fund and whether the Fund has realized gains or losses from its options strategy versus gain or loss realizations in the equity securities in the portfolio. Each Fund's distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital.

The portion of each Fund's monthly/quarterly distributions estimated to come from the Fund's option strategy, for tax purposes, may be treated as a combination of long-term and short-term capital gains, and/or a return of capital. The tax character of each Fund's option strategy is largely determined by movements in, and gain and loss realizations in the underlying equity portfolio. Under certain conditions, federal tax regulations may also cause some or all of the return of capital to be taxed as ordinary income. The final tax characteristics of the distributions cannot be determined with certainty until after the end of the calendar year, and will be reported to shareholders at that time.

Monthly Distributions

IGD estimates that for the current fiscal year as of November 30, 2017, approximately 24% of each distribution is characterized as net investment income, 24% is characterized as short-term capital gain and 52% is characterized as return of capital.

IID estimates that for the current fiscal year as of November 30, 2017, approximately 25% of each distribution is characterized as net investment income and 75% is characterized as return of capital.

Quarterly Distributions

IAE estimates that for the current fiscal year as of September 30, 2017, approximately 32% of each distribution is characterized as net investment income and 68% is characterized as return of capital.

IHD estimates that for the current fiscal year as of September 30, 2017, approximately 26% of each distribution is characterized as net investment income and 74% is characterized as return of capital.

IGA estimates that for the current fiscal year as of September 30, 2017, approximately 25% of each distribution is characterized as net investment income and 75% is characterized as short-term capital gain.

IRR estimates that for the current fiscal year as of September 30, 2017, approximately 14% of each distribution is characterized as net investment income and 86% is characterized as return of capital.

Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.

Certain statements made on behalf of the Funds in this release are forward-looking statements. The Funds actual future results may differ significantly from those anticipated in any forward-looking statements due to numerous factors, including but not limited to a decline in value in equity markets in general or the Funds' investments specifically. Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

This information should not be used as a basis for legal and/or tax advice. In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel.

About Voya® Investment Management

A leading, active asset management firm, Voya Investment Management manages, as of September 30, 2017, more than $222 billion for affiliated and external institutions as well as individual investors. With 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter @VoyaInvestments.

Voya Investment Management
SHAREHOLDER INQUIRIES:
Shareholder Services, 800-992-0180
voyainvestments.com
or
MEDIA:
Kris Kagel, 212-309-6568

News release date
Friday, December 15, 2017
PR NewsWire ID
1841
corporate-financial

Voya Financial Announces Details of Annual Meeting of Stockholders


NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE:VOYA), today announced that its annual meeting of stockholders will be held on Wednesday, May 30, 2018 at 11:00 a.m. ET. Common stockholders of record as of the close of business on Monday, April 2, 2018, will be entitled to vote at the meeting.

Additional information regarding the meeting, which will be conducted online only, will be contained in Voya Financial's proxy statement, which will be filed in advance of the meeting.

About Voya Financial ®

Voya Financial, Inc. (NYSE:VOYA) helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13.6 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2016. The company had $541 billion in total assets under management and administration as of September 30, 2017. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2017 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S., by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

VOYA-IR

Voya Financial, Inc.
Media:
Christopher Breslin, 212-309-8941
[email protected]om
or
Investors:
Darin Arita, 212-309-8999
[email protected]

News release date
Thursday, February 01, 2018
PR NewsWire ID
1428
corporate-financial

Voya Financial Announces Details of Annual Meeting of Stockholders

Voya Financial, Inc. (NYSE:VOYA), today announced that its annual meeting of stockholders will be held on Wednesday, May 30, 2018 at 11:00 a.m. ET. Common stockholders of record as of the close of business on Monday, April 2, 2018, will be entitled to vote at the meeting.

Additional information regarding the meeting, which will be conducted online only, will be contained in Voya Financial's proxy statement, which will be filed in advance of the meeting.

About Voya Financial ®

Voya Financial, Inc. (NYSE:VOYA) helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 13.6 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $11 billion in revenue in 2016. The company had $541 billion in total assets under management and administration as of September 30, 2017. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2017 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S., by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

VOYA-IR

Voya Financial, Inc.
Media:
Christopher Breslin, 212-309-8941
Christopher.Breslin@voya.com
or
Investors:
Darin Arita, 212-309-8999
IR@voya.com

News release date
Thursday, February 01, 2018
PR NewsWire ID
1839
corporate-financial

Voya Recognizes 100 Best W!se High Schools Teaching Personal Finance


NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE: VOYA), announced today that its nonprofit partner, Working in Support of Education (W!se), has released its ranking of the 2018 “100 Best W!se High Schools Teaching Personal Finance.”

Chicago’s Youth Connection Charter School earned first place, while Virginia’s Page County High School and New York’s High School of Math, Science and Engineering at the City College of New York placed second and third, respectively. The schools were honored during a ceremony on April 16 at the Federal Reserve Bank of New York. Select students, as well as local civic and business leaders, spoke during the awards program, which was sponsored by Voya.

The “100 Best” is believed to be the first and only national ranking in the field of personal finance education. Ninety-four percent of students in the 2018 100 Best Schools ranking earned W!se’s Financial Literacy Certification based on their coursework throughout the year and their performance on W!se’s Certification Test.

“Voya Foundation is focused on supporting organizations that provide young people with the tools and education they need to become financially resilient adults,” said Angela Harrell, senior vice president of Corporate Responsibility and Diversity & Inclusion and president of Voya Foundation. “The W!se curriculum continues to be a powerful tool for educators and communities across the country, and we’re honored to recognize the schools that have worked so hard over the past year, empowering their students to achieve their certification.”

“Thanks to support from our partners in education and the financial services community, we are pleased to share that schools in 46 states across the country have implemented the W!se curriculum to improve the financial acumen of their students,” said Phyllis Frankfort Perillo, founder, president and CEO of W!se. “The W!se community now represents schools with a student population ranging from 75 to 3,800, including youth from various demographics and socio-economic backgrounds.”

W!se’s award-wining Financial Literacy Certification program provides schools with the curriculum and resources to support their personal finance instruction and to measure students’ financial literacy when they take the Financial Literacy Certification Test. Students passing the Test become Certified Financially Literate™ — a nationally recognized credential.

See a complete list of this year’s 100 Best schools (PDF).

About Voya Financial ®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.7 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $555 billion in total assets under management and administration as of Dec. 31, 2017. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S. by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

Media:
Voya Financial
Nicole Vasile, 860-839-1589 (Cell)
[email protected]

News release date
Tuesday, April 17, 2018
PR NewsWire ID
1414
corporate-responsibility

Voya Recognizes 100 Best W!se High Schools Teaching Personal Finance

Financial Literacy Programming Expanded to Schools in 46 States

Voya Financial, Inc. (NYSE: VOYA), announced today that its nonprofit partner, Working in Support of Education (W!se), has released its ranking of the 2018 “100 Best W!se High Schools Teaching Personal Finance.”

Chicago’s Youth Connection Charter School earned first place, while Virginia’s Page County High School and New York’s High School of Math, Science and Engineering at the City College of New York placed second and third, respectively. The schools were honored during a ceremony on April 16 at the Federal Reserve Bank of New York. Select students, as well as local civic and business leaders, spoke during the awards program, which was sponsored by Voya.

The “100 Best” is believed to be the first and only national ranking in the field of personal finance education. Ninety-four percent of students in the 2018 100 Best Schools ranking earned W!se’s Financial Literacy Certification based on their coursework throughout the year and their performance on W!se’s Certification Test.

“Voya Foundation is focused on supporting organizations that provide young people with the tools and education they need to become financially resilient adults,” said Angela Harrell, senior vice president of Corporate Responsibility and Diversity & Inclusion and president of Voya Foundation. “The W!se curriculum continues to be a powerful tool for educators and communities across the country, and we’re honored to recognize the schools that have worked so hard over the past year, empowering their students to achieve their certification.”

“Thanks to support from our partners in education and the financial services community, we are pleased to share that schools in 46 states across the country have implemented the W!se curriculum to improve the financial acumen of their students,” said Phyllis Frankfort Perillo, founder, president and CEO of W!se. “The W!se community now represents schools with a student population ranging from 75 to 3,800, including youth from various demographics and socio-economic backgrounds.”

W!se’s award-wining Financial Literacy Certification program provides schools with the curriculum and resources to support their personal finance instruction and to measure students’ financial literacy when they take the Financial Literacy Certification Test. Students passing the Test become Certified Financially Literate™ — a nationally recognized credential.

See a complete list of this year’s 100 Best schools (PDF).

About Voya Financial ®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.7 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $555 billion in total assets under management and administration as of Dec. 31, 2017. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S. by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

Media:
Voya Financial
Nicole Vasile, 860-839-1589 (Cell)
nicole.vasile@voya.com

News release date
Tuesday, April 17, 2018
PR NewsWire ID
1843
corporate-responsibility

Voya Financial Recertified as a “Great Place to Work”


NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE:VOYA), announced today that it has been certified by the independent analysts at Great Place to Work® — the global authority on high-trust, high-performance workplace cultures — for the third consecutive year.

“At Voya, we strive to maintain a diverse and energetic environment, where our people care about each other and are excited to come to work each day,” said Rodney O. Martin, Jr., chairman and chief executive officer, Voya Financial. “Being recognized again as a Great Place to Work reflects our commitment to building a culture that promotes working together to achieve superior outcomes for our customers and clients – in support of our vision to be America’s Retirement Company.”

Voya Financial earned this recertification based on ratings provided by more than 2,500 of its employees in a survey administered by the Great Place to Work® Institute. The survey measured employees’ trust in Voya and the extent to which they say it is a great workplace, resulting in a 90 percent confidence level and a margin of error of ± 1.26. Highlights from the survey results include:

  • 95 percent of employees say they feel great pride working at Voya often, almost always or sometimes.
  • 93 percent of employees say that Voya has a great atmosphere often, almost always or sometimes.
  • 93 percent of employees say that they are presented with great challenges often, almost always or sometimes.

Great Place to Work® provides the benchmarks, framework and expertise needed to create, sustain and recognize outstanding workplace cultures through proprietary assessment tools, advisory services and certification programs, including Best Workplaces lists and workplace reviews.

Voya Financial’s full results are available at http://reviews.greatplacetowork.com/voya-financial.

About Voya Financial ®

Voya Financial, Inc. (NYSE:VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.3 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $528 billion in total assets under management and administration as of June 30, 2018. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute; one of the 2018 World’s Most Admired Companies by Fortune magazine; as a member of the Bloomberg Gender Equality Index; and as a “Best Place to Work for Disability Inclusion” on the Disability Equality Index by Disability:IN. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

VOYA-IR

Voya Financial
Mary Beth Conklin, 423-596-1449
[email protected]

News release date
Thursday, September 06, 2018
PR NewsWire ID
1389
corporate-financial

Voya Financial Announces Executive Board Placements at Nonprofits Across U.S. Footprint


NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE: VOYA), announced today that six executives have joined the boards of nonprofit organizations in their local markets. Voya’s nonprofit board placement program is designed to deepen the organization’s relationships in the communities where its employees live and work, and gain a deeper understanding of the regions it serves through its businesses. Below is a list of Voya executives who are now serving on the boards of local nonprofits:

  • Karen Eisenbach, senior vice president and chief business marketing officer for Voya’s Retirement business, now serves on the board of Creative Spirit. Creative Spirit is a nonprofit organization devoted to creating integrated employment opportunities for individuals with intellectual and developmental disabilities (IDDs) at the best companies in the world.
  • Howard Greene, senior vice president of Compensation, Benefits, Human Resources Operations and Employee Relations is on the board of Builders Beyond Borders (B3). The organization develops leadership skills by engaging high school students in local and global community service projects. Each year, student and adult volunteers perform approximately 18,000 hours of community service between local projects and those completed abroad.
  • Rob Grubka, president of Voya’s Employee Benefits business, has joined the board of Junior Achievement of the Upper Midwest (JAUM). Through age-appropriate curricula, JA programs teach students in grades K-12 how they can impact the world around them as individuals, workers and consumers, and prepare them to succeed in school and beyond. Each year JAUM partners with nearly 10,000 community volunteers to deliver educational programming to local students.
  • Laurie Rasanen, senior vice president of Insurance Operations, has joined the board of Junior Achievement of Central Iowa. The organization’s mission is to reach every single student in Central Iowa with business and economic education. With 109 local areas across the nation, Junior Achievement USA is the nation's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices.
  • Martin Smit, managing director of Strategic Relationship Management, now serves on the board of Working in Support of Education (W!se), a nonprofit providing financial education, college and career readiness programs, and services to students, educators and at-risk adults. W!se is spearheading a national effort to empower people, especially the underserved, to lead lives of financial well-being, succeed in college and excel in an increasingly competitive global workforce.
  • Brian Williams, senior vice president of Continuous Improvement and Shared Services, is on the board of Habitat for Humanity of Chester County’s (HfHCC) which, according to the organization’s mission statement, “brings people together to build homes, communities and hope.” Since 1989, volunteers have built or renovated 147 homes for low-income families in need of decent, affordable housing.

Since the inception of its nonprofit board placement program in 2016, Voya Financial executives have been appointed to 38 board seats at nonprofits across 12 states, spanning six mission categories. Focus areas include enhancing primary and secondary education outcomes, promoting financial literacy and supporting individuals with special needs and disabilities.

About Voya Financial ®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.3 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $528 billion in total assets under management and administration as of June 30, 2018. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute; one of the 2018 World’s Most Admired Companies by Fortune magazine; as a member of the Bloomberg Gender Equality Index; and as a “Best Place to Work for Disability Inclusion” on the Disability Equality Index by Disability:IN. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Twitter @Voya.

Media:
Voya Financial
Nicole Vasile
Cell: 860-839-1589
[email protected]

News release date
Tuesday, September 11, 2018
PR NewsWire ID
1387
corporate-responsibility

Voya Financial Announces Partial Redemption of 5.500% Senior Notes due 2022


NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE:VOYA) (“Voya” or the “Company”) announced today that it has called for the redemption of $125,000,000 in aggregate principal amount of its outstanding 5.500% Senior Notes due 2022 (the “2022 Notes"). The 2022 Notes will be redeemed on November 5, 2018 at a redemption price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest to, but excluding, the Redemption Date, or (ii) the Make-Whole Redemption Amount (the “Redemption Price”). Following such redemption, it is expected that $96,791,000 in aggregate principal amount of the 2022 Notes will remain outstanding. The Company intends to fund the redemption amount from the net proceeds it received from its recent registered public offering of $325,000,000 aggregate principal amount of shares of its 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A together with cash on hand.

COMMENTARY REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this press release, including those describing the redemption, constitute forward-looking statements. These statements are not historical facts but instead represent only Voya’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside Voya’s control. It is possible that actual results will differ, possibly materially, from the anticipated results indicated in these statements. Factors that may cause actual results to differ from those in any forward-looking statement also include those described under “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations-Trends and Uncertainties” and “Business-Closed Blocks-CBVA” in Voya’s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on February 23, 2018, in Voya’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2018, filed with the SEC on August 6, 2018, and the other filings Voya makes with the SEC.

About Voya Financial ®

Voya Financial, Inc. (NYSE:VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.3 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $528 billion in total assets under management and administration as of June 30, 2018. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S. by Newsweek magazine.

Media:
Christopher Breslin, 212-309-8941
[email protected]
or
Bill Sutton, 860-580-2626
[email protected]
or
Investors:
Michael Katz, 212-309-8999
[email protected]
or
Billy Cheung, 212-309-8984
[email protected]

News release date
Thursday, October 04, 2018
PR NewsWire ID
1379
corporate-financial

Voya Financial Commences a Registered Exchange Offer for its 4.7% Fixed-to-Floating Rate Junior Subordinated Notes due 2048


NEW YORK--(BUSINESS WIRE)-- Voya Financial, Inc. (NYSE:VOYA) (“Voya” or the “Company”) announced today the commencement of an exchange offer for any and all of the outstanding 4.7% Fixed-to-Floating Rate Junior Subordinated Notes due 2048 (the “Old Notes”) issued by the Company for an equal principal amount of new 4.7% Fixed-to-Floating Rate Junior Subordinated Notes due 2048 (the "New Notes") issued by the Company that will be registered under the Securities Act of 1933, as amended (the "Securities Act"). The New Notes will be guaranteed on an unsecured, junior subordinated basis by Voya Holdings Inc. (the “Guarantor”), a subsidiary of the Company.

The exchange offer will commence on November 19, 2018, and expire at 5:00 p.m., New York City time, on December 19, 2018.

The New Notes will be identical in all material respects to the Old Notes, except that the New Notes will be registered under the Securities Act, and except for certain differences relating to transfer restrictions, registration rights and payment of additional interest in case of non-registration. This exchange offer is being initiated to fulfill the Company's obligations under the registration rights agreement entered into among the Company, the Guarantor and the initial purchasers of the Old Notes.

The Company will accept for exchange any and all Old Notes validly tendered and not validly withdrawn prior to the expiration of the exchange offer at 5:00 p.m., New York City time, on December 19, 2018, unless the exchange offer is extended or terminated.

The terms of the exchange offer and other information relating to the Company and the Guarantor are set forth in a prospectus dated November 19, 2018. A written prospectus providing the terms of the exchange offer may be obtained from U.S. Bank National Association, which is serving as the exchange agent for the exchange offer. U.S. Bank National Association can be contacted:

     

By Mail, Hand or Overnight Delivery:
U.S. Bank National Association
Corporate Actions
111 Fillmore Ave.
Saint Paul, Minnesota 55107
Attn: Corporate Trust Support & Operations

By Facsimile:
(615) 466-7367

 

For Information or Confirmation by Telephone:
(800) 934-6802

 

This press release is neither an offer to sell, nor a solicitation of an offer to buy, New Notes or any other securities, and shall not constitute an offer to sell, or a solicitation of an offer to buy, or a sale of, New Notes, or any other securities, in any jurisdiction in which such offer, solicitation or sale is unlawful. The exchange offer is being made pursuant to the prospectus dated November 19, 2018, and the related letter of transmittal and only to such persons and in such jurisdictions as is permitted under applicable law.

COMMENTARY REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this press release, including those describing the exchange offer, constitute forward-looking statements. These statements are not historical facts but instead represent only Voya’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside Voya’s control. It is possible that actual results will differ, possibly materially, from the anticipated results indicated in these statements. Factors that may cause actual results to differ from those in any forward-looking statement also include those described under “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations-Trends and Uncertainties” and “Business-Closed Blocks-CBVA” in Voya’s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on February 23, 2018, in Voya’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2018, filed with the SEC on November 1, 2018, and the other filings Voya makes with the SEC.

About Voya Financial ®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.3 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $543 billion in total assets under management and administration as of September 30, 2018. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S. by Newsweek magazine.

Media:
Christopher Breslin
212-309-8941
[email protected]

Bill Sutton
860-580-2626
[email protected]

Investors:
Michael Katz
212-309-8999
[email protected]

Billy Cheung
212-309-8984
[email protected]

News release date
Monday, November 19, 2018
PR NewsWire ID
1363
corporate-financial
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