Attached please find an electronic copy of the offering memorandum (the "Offering Memorandum"), dated June 15, 2011, relating to the Securities of ING IM CLO 2011-1, Ltd. (the "Issuer") and ING 1M CLO 2011-I LLC (the -Co-Issuer" and, together with the Issuer, the "Co- Issuers"). The Offering Memorandu