trending Market Intelligence /marketintelligence/en/news-insights/trending/mjk_q_qp1h1v__6gnsg41g2 content esgSubNav
In This List

Prudential Capital Group private debt investments totaled US$5.3B in H1

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Prudential Capital Group private debt investments totaled US$5.3B in H1

Prudential Capital Group said it made about US$5.3 billion in private debt investments in middle-market companies and projects worldwide during the first half.

Of the total investments, US$4.5 billion were investment grade, US$420 million were below investment grade and US$343 million were mezzanine and private equity.

The group, which is the private capital arm of Prudential Financial Inc. unit PGIM, said it provided US$1.8 billion in North American corporate finance capital and invested US$2.3 billion in the U.K., Europe, Latin America and Australasia. It deployed about US$853 million into the energy sector and funneled about US$639 million to global infrastructure, credit tenant lease, commercial asset financing and other key sectors.

Among its investments were US$250 million provided to French company Sodexo and US$75 million in port financing to Peru's Trabajos Maritimos SA.