February 28, 2018

Prudential named 2017 LATINA Style Company of the Year

Prudential was named 2017 Company of the Year by LATINA Style magazine. In its 20th annual LATINA Style 50 Report, the magazine cited Prudential for empowering all associates, regardless of their backgrounds.

February 26, 2018

Prudential Financial, Inc. to Redeem 8.875% Fixed-to-Floating Rate Junior Subordinated Notes due 2068

NEWARK, N.J.--(BUSINESS WIRE)--Feb. 26, 2018-- Prudential Financial, Inc. (the "Company") (NYSE:PRU) announced today that it issued a notice of redemption to redeem all of the $600,000,000 outstanding aggregate principal amount of its 8.875% Fixed-to-Floating Rate Junior Subordinated Notes due 2068 (CUSIP/ISIN No. 744320AK8/ US744320AK85) (the "Notes"). The Notes will be redeemed on April 16, 2018 at a price equal to the greater of (i) 100% of the principal amount of the Notes and (ii) a redemption price that includes a make-whole premium which will be calculated in accordance with the terms of the Notes and related indenture, in...
February 26, 2018

Prudential: Financial wellness during ‘America Saves Week’ and year-round benefits employers and employees

NEWARK, N.J., February 26, 2018 - In recognition of America Saves Week and Military Saves Week (Feb. 26 through March 3), Prudential Financial, Inc. ( NYSE:PRU ) is calling on employers to adopt a benefits program with financial wellness at its core to help improve financial security for American workers.

February 26, 2018

Prudential delivers financial guidance to transitioning veterans

Kylee Durant's husband is one of approximately 200,000 servicemembers who will transition out of the military this year, according to the Department of Defense... For these men and women, the switch to civilian life can present significant financial challenges.

February 26, 2018

Chair Powell speaks to Capitol Hill as global markets monitor every word for policy clues

Federal Reserve Chairman Jerome Powell heads to Capitol Hill this week to discuss the state of the economy, and investors will be following every word for clues about future rate hikes, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

February 22, 2018

IBERIABANK selects Prudential Retirement as new provider for $135M retirement plans

NEWARK, N.J., February 22, 2018 - IBERIABANK Corp., a financial holding company headquartered in Lafayette, Louisiana, hired Prudential Retirement to serve as the retirement services provider for its 401(k) and non-qualified deferred compensation plans. Prudential Retirement, among the industry’s largest recordkeepers and a leader in providing non-qualified deferred compensation plans, is a business unit of Prudential Financial, Inc. (NYSE: PRU).

February 21, 2018

Prudential Capital Group provides $13.5 billion in 2017 as global middle market capital needs continue to rise

CHICAGO, February 21, 2018 - Prudential Capital Group announced today it has met the growing capital needs of middle market companies by providing $13.5 billion of senior debt and junior capital to more than 220 companies globally in 2017. Prudential Capital Group is a leading source of private capital for public and private companies and the private capital arm of PGIM, the $1.2 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

February 20, 2018

Treasury $258 billion bond sale and Fed response to inflation earn attention

With the intense spark of higher volatility seemingly behind us — at least for now — investors are looking ahead at the possibility of four interest rate hikes this year rather than the presumed three telegraphed by the Federal Reserve last year, Prudential’s Chief Market Strategist Quincy Krosby said Tuesday in her weekly “Connecting the Dots” outlook.

February 14, 2018

PGIM Real Estate exceeds $14 billion in 2017 transactions worldwide

NEW YORK, Feb. 14, 2018 – PGIM Real Estate completed more than $14 billion in transactions worldwide in 2017 on behalf of institutional investors, including investments in real estate equity and debt and property dispositions.

February 12, 2018

Prudential Financial named one of the World’s Most Ethical Companies by the Ethisphere Institute for fourth consecutive year

NEWARK, N.J., February 12, 2018 - Prudential Financial, Inc. (NYSE:PRU) has been named a 2018 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This is the fourth consecutive year that Prudential has received this recognition, which is bestowed on organizations that demonstrate a culture of ethics and transparency at every level.