ING U.S. (VOYA) began trading on the NYSE on 2 May 2012

• ING US Inc raises $1.3 billion in IPO, less than expected
• ING U.S. sold more shares than expected but at a price that was below the marketed range. It sold 65.2 million shares at $19.50, according to an underwriter. It had intended to price 64.2 million shares at a range of $21 to $24. 
•  The shares were offered by both ING U.S. and its parent. The proceeds for ING U.S. from the offering are intended to be about $600 million. 
•  ING Groep is splitting its banking and insurance operations as part of a restructuring agreement with the European Commission, turning into a smaller Europe-focused bank.
• Morgan Stanley (MS), Goldman Sachs Group Inc (GS) and Citigroup (C) led the IPO.

This is an exciting day for everyone at ING U.S.,” said Rodney Martin, chairman and CEO

ING U.S., Inc. is a retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States. The Company offers its products and services through a group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists throughout the United States. The Company operates its principal businesses through three business lines: Retirement Solutions, Investment Management and Insurance Solutions. In addition, it also has closed Blocks and corporate reporting segments. Closed Blocks consists of three businesses where it has placed its portfolios in run-off-Closed Block Variable Annuity, Closed Block Institutional Spread Products and Closed Block Other. The Company’s corporate segment includes its corporate activities and corporate-level assets and financial obligations.