Prudential Financial 5.625% Junior Subordinated Notes due 2058
By: Tim McPartland,
Date of Issue 8/6/2018
Shares Sold 20,000,000 Overallotment Shares 3,000,000
S&P Rating BBB+
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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
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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
