ING U.S. Files Registration Statement with Securities and Exchange Commission for Public Offering of Common Stock
NEW YORK, Sept. 13, 2013 /PRNewswire/ -- ING U.S., Inc. (NYSE: VOYA) announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) in connection with a potential public offering of ING U.S. common stock currently held by ING Group. ING U.S. will not be issuing or selling common stock in the offering and will not receive any proceeds from the offering.
In connection with this potential offering, the underwriters have agreed to waive the previous lock up agreement by ING Group to not offer or sell its shares of ING U.S. for a 180-day period following ING U.S.'s initial public offering on May 1, 2013.
The potential offering will be conducted at a later date and is subject to market conditions and other factors.
The prospectus relating to the offering may be obtained by visiting the SEC's website at www.sec.gov or from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, email: firstname.lastname@example.org, telephone: (866) 718-1649; Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, facsimile: (212) 902-9316, email: email@example.com; and Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800) 831-9146, email: firstname.lastname@example.org.
The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
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.
SOURCE ING U.S.
More by this Source
ING U.S. Hires Thomas Halloran as Head of ING Financial Partners
Oct 24, 2013, 09:42 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.