It looks management at the parent company of ING US -- the firm soon to be known as Voya -- is very optimistic indeed.

In yet another amendment to its S-1 filing for ING U.S.'s initial public offering, the firm estimated a price range of $21.00 to $24.00 per share for a maximum of 64,166,667 shares of common stock offered, excluding an over-allotment option ING Group has granted the underwriters.

Based on this price range, the total offering is expected to be approximately $1.4 billion to $1.5 billion in size, including $600 million in primary proceeds for ING U.S., and will reduce ING Group�s ownership in ING U.S. to 75 percent immediately following the IPO.

That is more than twice the price announced just last week in a previous S-1 amendment by the company.

It would also price all of ING U.S. at about $6 billion.

As it preps for its IPO, the company is also laying the foundation for its transformation into Voya.

Here is the press release:

Company Press Release

PRESS RELEASE

� New York City, April 16, 2013

�
ING U.S. Files Amended Registration Statement on Form S-1; Announces Expected Price Range for Proposed Initial Public Offering

� ING U.S., Inc., (ING U.S.) today announced that it has filed an amended Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) in connection with its proposed initial public offering (IPO).

� The proposed IPO will consist of both a primary component offered by ING U.S. and a secondary component offered by Netherlands-based ING Group at a currently estimated price range of $21.00 to $24.00 per share for a maximum of 64,166,667 shares of common stock offered, excluding an overallotment option ING Group has granted the underwriters. Based on this price range, the total offering is expected to be approximately $1.4 billion to $1.5 billion in size, including $600 million in primary proceeds for ING U.S., and will reduce ING Group�s ownership in ING U.S. to 75 percent immediately following the IPO.

� ING U.S.�s amended Registration Statement also includes preliminary qualitative statements on its first quarter financial results.

� ING U.S. has been approved to list its common stock on the New York Stock Exchange, subject to official notice of issuance, under the symbol �VOYA,� which reflects the new brand name of Voya Financial that ING U.S. recently announced it will transition to beginning in 2014.

� Morgan Stanley & Co. LLC, Goldman, Sachs & Co., and Citigroup Global Markets Inc. are acting as joint global coordinators for the offering. Bank of America Merrill Lynch, Credit Suisse, Deutsche Bank Securities, and J.P. Morgan are acting as joint book-running managers for the offering.

� The offering of these securities will be made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, email: prospectus@morganstanley.com, 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: prospectus-ny@ny.email.gs.com; and Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800) 831-9146.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission 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.

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