The Tender Offers consist of (i) an offer to purchase (the "Any and All Tender Offer") any and all outstanding 7.250% Debentures due 2023, 7.625% Debentures due 2026, and 6.970% Debentures due 2036 of
Voya Holdings (collectively, the "
Voya Holdings Debentures") and (ii) an offer to purchase (the "Maximum Tender Offer") up to the maximum aggregate principal amount of
Voya's 5.500% Senior Notes due 2022 (the "2022 Notes") that
Voya can purchase (exclusive of accrued interest) for an amount equal to the excess, if any of $325 million over the amount paid (exclusive of accrued interest) to purchase the
Voya Holdings Debentures validly tendered and accepted for purchase in the Any and All Tender Offer.
Terms of the transaction were not disclosed, and are not material to
Voya's financial position.
Voya will divest its annuity business through an agreement with a consortium of investors led by affiliates of Apollo Global Management LLC, Crestview Partners and Reverence Capital Partners.
Based on a customer's target retirement date,
Voya Life Journey generates a life insurance needs assessment which takes into account the many factors that could impact their retirement security including increased healthcare costs, inflation and eligibility for social security benefits.
Feature articles and booklists: Upcoming issue themes for
VOYA include: April, poetry and creative writing; June, reality check; August, content creation.
The new Averatec
Voya line of notebooks fills the need for a durable mobile portable computer.
Voya Investment Management Co LLC is the fund's sub-advisor and
Voya Investments LLC is the fund's adviser.
As of 5:00 p.m., New York City time, on September 17, 2018, USD 4,279,000 aggregate principal amount of the outstanding 7.250% Debentures due 2023 of
Voya Holdings, USD 37,975,000 aggregate principal amount of the outstanding 7.625% Debentures due 2026 of
Voya Holdings, USD 4,063,000 aggregate principal amount of the outstanding 6.970% Debentures due 2036 of
Voya Holdings and USD 139,791,000 aggregate principal amount of the 2022 Notes were validly tendered and not withdrawn.
The ratings reflect the company's experienced and tenured management team, dedication to developing an effective technology platform for primary servicing, long history as a servicer for
Voya Financial Inc.'s (
Voya Financial) North American-based life insurance companies, and the financial support provided by its investment grade parent.
Concurrent with the sale of VIAC,
Voya has sold, via reinsurance, substantially all of its individual fixed and fixed indexed annuity policies to Athene Holding, Ltd.
Global Banking News-May 16, 2019-Two
Voya equity closed-end funds announce distributions for June 2019