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Prudential Financial 5.625% Junior Subordinated Notes due 2058

By: ,

Date of Issue  8/6/2018

Shares Sold   20,000,000       Overallotment Shares  3,000,000

S&P Rating  BBB+

Security Ticker Symbol   PRS

Market Traded ON   NYSE

Interest Payment Paid on the 15th of February, May, August and November beginning on 11/15/2018

Quarterly Interest   .352   Annual Interest   1.41

Securities may be redeemed, at the issuers option, as early as 8/15/2023 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   8/15/2058

 

Company Investor Relations Page for Prudential Financial

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