ING files information with SEC relating to ING U.S
(Thomson Reuters ONE) -
ING Group announced today that it is filing a Form 6-K with the U.S. Securities
and Exchange Commission (SEC) in connection with a planned debt financing by ING
U.S., Inc. (ING U.S.), its US-based retirement, investment management and
insurance business. The Form 6-K contains verbatim excerpts from information
prepared by ING U.S. for distribution to prospective investors in the financing.
ING U.S. will use the proceeds from the planned debt financing for general
corporate purposes, including the repayment of debt.
This debt financing, if and when concluded, will mark an important step in
separating ING U.S. from ING Group and preparing this business for a standalone
future.
The Form 6-K will be available on both www.ing.com and on the SEC website.
Press enquiries Investor enquiries
Victorina de Boer Investor Relations
+31 20 576 6373 +31 20 576 6396
Victorina.de.Boer(at)ing.com Investor.Relations(at)ing.com
ING PROFILE
ING is a global financial institution of Dutch origin, offering banking,
investments, life insurance and retirement services to meet the needs of a
broad customer base. Going forward, we will concentrate on our position as
an international retail, direct and commercial bank, while creating an
optimal base for an independent future for our insurance and investment
management operations.
IMPORTANT LEGAL INFORMATION
Certain of the statements contained in this document are not historical
facts, including, without limitation, certain statements made of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and unknown
risks and uncertainties that could cause actual results, performance or
events to differ materially from those expressed or implied in such
statements. Actual results, performance or events may differ materially from
those in such statements due to, without limitation: (1) changes in general
economic conditions, in particular economic conditions in ING's core
markets, (2) changes in performance of financial markets, including
developing markets, (3) consequences of a potential (partial) break-up of
the euro, (4) the implementation of ING's restructuring plan to separate
banking and insurance operations, (5) changes in the availability of, and
costs associated with, sources of liquidity such as interbank funding, as
well as conditions in the credit markets generally, including changes in
borrower and counterparty creditworthiness, (6) the frequency and severity
of insured loss events, (7) changes affecting mortality and morbidity levels
and trends, (8) changes affecting persistency levels, (9) changes affecting
interest rate levels, (10) changes affecting currency exchange rates, (11)
changes in investor, customer and policyholder behaviour, (12) changes in
general competitive factors, (13) changes in laws and regulations, (14)
changes in the policies of governments and/or regulatory authorities, (15)
conclusions with regard to purchase accounting assumptions and
methodologies, (16) changes in ownership that could affect the future
availability to us of net operating loss, net capital and built-in loss
carry forwards, (17) changes in credit-ratings, (18) ING's ability to
achieve projected operational synergies and (19) the other risks and
uncertainties detailed in the risk factors section contained in the most
recent annual report of ING Groep N.V.
Any forward-looking statements made by or on behalf of ING speak only as of
the date they are made, and, ING assumes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information or for any other reason. Nothing in this press release should be
construed to constitute any offer, or the solicitation of any offer, to
participate in the ING U.S. debt financing. Such financing will not be
registered with the SEC or any other securities regulatory authority or
conducted in a manner that will not be exempt from such registration..
pdf version of press release:
http://hugin.info/130668/R/1621850/518308.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: ING Group via Thomson Reuters ONE
[HUG#1621850]
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Datum: 25.06.2012 - 08:46 Uhr
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