---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-123995"
form_type: "8-K"
ticker: "VOYA"
cik: "0001535929"
company_name: "Voya Financial, Inc."
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:28:42.577639+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Voya secures $600M contingent liquidity via P-Caps at 6.012% due 2035

## Summary
- Peachtree Corners Funding Trust II issued $600M of Pre-Capitalized Trust Securities (P-Caps) redeemable May 15, 2035, paying 6.012% semi-annual distributions.
- Voya obtains Issuance Right to require Trust to purchase up to $600M of its 6.012% Senior Notes due 2035 in exchange for U.S. Treasury strips.
- Voya pays facility premium of 1.5175% per annum on maximum principal; obligations fully guaranteed by subsidiary Voya Holdings Inc.
- Proceeds from P-Caps invested in U.S. Treasury strips; contingent liquidity drawn proceeds used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-25-123995
- form_type: 8-K
- ticker: VOYA
- cik: 0001535929
- company_name: Voya Financial, Inc.
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1535929/000119312525123995/0001193125-25-123995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1535929/000119312525123995/d836266d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-123995
- JSON: https://secwatch.observer/filing/0001193125-25-123995.json
- Plain text: https://secwatch.observer/filing/0001193125-25-123995.txt

## Key facts
- Debt Financings
  Voya Financial, Inc. incurred debt of $600,000,000 with Peachtree Corners Funding Trust II at 6.012% maturing May 15, 2035.
  - Principal: $600,000,000
  - Counterparty: Peachtree Corners Funding Trust II
  - Rate: 6.012%
  - Maturity: May 15, 2035
  - Event: incurrence
  source text: On May 21, 2025 (the “Closing Date”), pursuant to a purchase agreement among Voya Financial, Inc. (the “Company”), Voya Holdings Inc. (the “Subsidiary Guarantor”), TD Securities (USA) LLC and BofA Securities, Inc., as representatives of the several initial purchasers, and Peachtree Corners Funding Trust II, a Delaware statutory trust (the “Trust”), the Trust completed the issuance and sale of 600,000 of its Pre-Capitalized Trust Securities redeemable May 15, 2035 (the “P-Caps”) for an aggregate purchase price of $600,000,000 in a private placement pursuant to Rule 144A under the Securities Act of 1933, as amended.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1535929/000119312525123995/0001193125-25-123995-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.