A.M. Best Assigns Issue Credit Rating to Voya Financial Inc.’s New Junior Subordinated Notes

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb-” to the $350 million 4.70% fixed-to-floating rate junior subordinated notes due 2048 that were recently issued by Voya Financial Inc. (Voya) (headquartered in New York, NY) [NYSE: VOYA]. The Credit Rating (rating) has been placed under review with developing implications. The existing ratings of Voya and its subsidiaries, which were placed under review with developing implications on Dec. 21, 2017, r