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Scot Hoffman
phone: 973-802-2824

 

 

11 February 2016

Prudential Financial announces update to disclosure documents for previously announced tender offer for shares of Administradora de Fondos de Pensiones Habitat S.A.

NEWARK, N.J., February 11, 2016 - Prudential Financial, Inc. (NYSE:PRU) announced today that Inversiones La Construcción S.A. (“ILC”), the investment subsidiary of the Chilean Construction Chamber, has revised the Prospectus for the pending tender offer by a subsidiary of ILC to acquire up to 13.1 percent of the outstanding shares of Administradora de Fondos de Pensiones Habitat S.A. (AFP Habitat), a leading provider of retirement services in Chile that trades under the symbol HABITAT CI on the Santiago Stock Exchange. As previously announced, Prudential expects to acquire indirectly between approximately 34 and 40 percent of AFP Habitat from ILC, depending on the results of the tender offer, which commenced on January 28, 2016 and, unless extended, will expire on February 26, 2016. The revised Prospectus, as well as a statement of revisions to the related Aviso de Inicio (Notice of Commencement), can be found in ILC’s website at http://www.ilcinversiones.cl/inv_opa_afp_habitat.aspx and http://www.ilcinversiones.cl/inv_opa_afp_habitat_en.aspx.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of December 31, 2015, has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.

 

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