ING announced Yesterday that ING U.S., Inc., its U.S.-based retirement, investment and insurance business, has filed an update of its registration statement with the U.S. Securities and Exchange Commission (SEC) in connection with its proposed Initial Public Offering (IPO). The amendment includes full-year 2012 US GAAP results, as well as targets which ING U.S. has formulated for its return on equity and return on capital measures through 2016.

ING has previously announced it is divesting its insurance and investment management businesses as part of a restructuring programme agreed with the European Commission. While all options for divestment remain open, the base case for the divestment of ING U.S. is through an IPO. In this context, ING U.S. filed an initial registration statement with the SEC in November 2012 and an amendment to that registration statement in January 2013.

Yesterday's amended registration statement may be obtained by visiting the SEC website at www.sec.gov. The registration statement has not yet become effective. The securities to which it relates 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, any securities, nor shall there be any offer, solicitation or sale of any securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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PARIJS (AFN) - Air France-KLM wil minstens 480 miljoen euro ophalen met 10-jarige converteerbare obligatieleningen. Dat maakte de luchtvaartcombinatie vandaag bekend. De opbrengst, die kan oplopen tot maximaal 550 miljoen euro, wordt gebruikt voor algemene bedrijfsdoeleinden. Daarbij gaat het vooral om het financieren van de vloot en het optimaliseren van de aflossing van schulden. Air France krijgt beschikking over circa 60 procent van de middelen, het overige deel is voor KLM. De Franse staat heeft zijn deelname aan de emissie toegezegd en beoogt daarbij zijn belang van 15,9 procent op peil te houden.