PRUDENT.FINL 20/50 FLRPRUDENT.FINL 20/50 FLRPRUDENT.FINL 20/50 FLR

PRUDENT.FINL 20/50 FLR

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Key terms


Outstanding amount
‪800.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.70% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
4.57%
Maturity date
Oct 1, 2050
Term to maturity
25 years

About PRUDENT.FINL 20/50 FLR


Sector
Finance
Industry
Life/Health Insurance
Issue date
Aug 21, 2020
Prudential Financial, Inc. engages in the provision of insurance, investment management, and other financial products and services. It operates through the following segments: Prudential Investment Management, Inc. (PGIM), U.S. Businesses, International Businesses, and Corporate and Others. The PGIM segment involves the provision of investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies. The U.S. Businesses segment includes retirement strategies, group insurance, and individual life. The International Businesses segment focuses on investing in existing businesses and assessing acquisition opportunities. The Corporate and Other Operations segment involves the corporate items and initiatives not allocated to business segments. The company was founded by John Fairfield Dryden in 1875 and is headquartered in Newark, NJ.
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