trending Market Intelligence /marketintelligence/en/news-insights/trending/7f3fh6xkgyy-i0ncwo9zkg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Prudential Financial selling notes

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Prudential Financial selling notes

Prudential Financial Inc. is selling $400 million in principal amount of 4.418% series E medium-term notes and $600 million of 3.878% series E medium-term notes.

The notes are due March 27, 2048. Interest will be paid semiannually on each March 27 and Sept. 27, starting Sept. 27. Net proceeds, before expenses, are expected to be $396.5 million and $597.3 million, respectively.

The trade date is March 22 and the settlement date is March 27.

BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and Wells Fargo Securities LLC are the joint book runners.

MUFG Securities Americas Inc., Scotia Capital (USA) Inc., SMBC Nikko Securities America Inc., U.S. Bancorp Investments Inc., CastleOak Securities LP, Drexel Hamilton LLC, Mischler Financial Group Inc., Samuel A. Ramirez & Co. Inc., Siebert Cisneros Shank & Co. LLC and The Williams Capital Group LP are the co-managers.

J.P. Morgan Securities LLC is the the billing and delivery agent.