Voya 2013 Annual Report Download - page 402

ING U.S., Inc.
Schedule II
Notes to Condensed Financial Information of Parent
(Dollar amounts in millions, unless otherwise stated)
Long-term Debt
The following table summarizes ING U.S., Inc.’s long-term debt securities as of December 31, 2013 and 2012:
Interest
Rate Maturity 2013 2012
2.21% Syndicated Bank Term Loan, due 2014 ...... 2.21% 4/20/2014 $ — $1,350.0
5.5% Senior Notes, due 2022 .................... 5.50% 7/15/2022 849.6 849.6
2.9% Senior Notes, due 2018 .................... 2.90% 2/15/2018 998.5 —
5.7% Senior Notes, due 2043 .................... 5.70% 7/15/2043 398.6 —
5.65% Fixed-to-Floating Rate Junior Subordinated
Notes, due 2053 ............................ 5.65% 5/15/2053 750.0 —
Subtotal ..................................... 2,996.7 2,199.6
Less: Current portion of long-term debt ............ — 375.0
Total ....................................... $2,996.7 $1,824.6
As of December 31, 2013 and 2012, ING U.S., Inc. was in compliance with all debt covenants related to the
borrowings in the table above.
Aggregate amounts of future principal payments of long-term debt for the next five years and thereafter are as
follows:
2014 ............................................. $ —
2015 ............................................. —
2016 ............................................. —
2017 ............................................. —
2018 ............................................. 1,000.0
Thereafter ........................................ 2,000.0
Total ............................................ $3,000.0
Credit Facilities
ING U.S., Inc. maintains credit facilities used primarily for collateral required under affiliated reinsurance
transactions and also for general corporate purposes. Unsecured and uncommitted credit facilities totaled
$17.0 and unsecured and committed facilities totaled $7.9 billion. ING U.S., Inc. additionally has approximately
$10.0 of secured facilities. Of the aggregate $7.9 billion capacity available, ING U.S., Inc. utilized $5.5 billion in
credit facilities outstanding as of December 31, 2013. Total fees associated with credit facilities in 2013, 2012
and 2011 totaled $92.3, $166.4, and $103.2, respectively.
Guarantees
As of December 31, 2013, ING U.S., Inc. guaranteed $25.0 in notes issued by Silver Cup V, L.P., a special purpose
entity wholly owned by ING Pomona Holdings LLC (which is a wholly owned subsidiary of ING U.S., Inc.), to
ING U.S., Inc.’s subsidiary life insurance companies ING Life Insurance and Annuity Company, ING USA Annuity
and Life Insurance Company, ReliaStar Life Insurance Company, Security Life of Denver Insurance Company,
Midwestern United Life Insurance Company and ReliaStar Life Insurance Company of New York.
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