ING U.S. Announces $400 Million Senior Notes Offering
NEW YORK, July 23, 2013 /PRNewswire/ -- ING U.S., Inc. (ING U.S.) announced a private offering of $400 million principal amount of its 5.7% Senior Notes due 2043. The offering is expected to close on July 26, 2013.
ING U.S. intends to use the proceeds from the offering primarily for general corporate purposes, including the repayment of certain borrowings.
About ING U.S.
ING U.S. (NYSE: VOYA), which plans to rebrand in the future as Voya Financial, is a premier retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States. The company's vision is to be America's Retirement Company and its guiding principle is centered on solving the most daunting financial challenge facing Americans today — retirement readiness. Working directly with clients and through a broad group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists, ING U.S. provides a comprehensive portfolio of asset accumulation, asset protection and asset distribution products and services. With a dedicated workforce of approximately 7,000 employees, ING U.S. is grounded in a clear mission to make a secure financial future possible — one person, one family and one institution at a time. For more information, visit http://ing.us.
SOURCE ING U.S.