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Here is a selection of the latest news from Prudential. For more information from Corporate Public Relations at Prudential, please call (973) 802-4757, or view our contact information.
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07 February 2012Prudential Mortgage Capital Company posts strong originations in 2011NEWARK, N.J., February 07, 2012 - Prudential Mortgage Capital Company originated nearly $9.7 billion in commercial mortgages for 2011, surpassing its 2010 level of $9.1 billion, making it the company’s third largest production year ever. Prudential Mortgage Capital, which is the commercial mortgage lending business of Prudential Financial Inc. (NYSE: PRU), also said it is looking to provide up to $11.6 billion in financing for 2012. (more) |
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07 February 2012Top Youth Volunteers in Each State Selected in 17th Annual National Awards ProgramWASHINGTON, February 07, 2012 - America’s 102 most outstanding youth volunteers – two from each state and the District of Columbia – were named State Honorees today by The Prudential Spirit of Community Awards, a nationwide program honoring young people for exemplary acts of volunteerism. The awards program, now in its 17th year, is conducted by Prudential Financial, Inc. in partnership with the National Association of Secondary School Principals (NASSP). (more) |
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06 February 2012Prudential Financial, Inc. to Participate in the 2012 Credit Suisse Financial Services Forum; Live Webcast AvailableNEWARK, N.J., February 06, 2012 - Prudential Financial, Inc. (NYSE: PRU) announced today that it will participate in the 2012 Credit Suisse Financial Services Forum in Miami on Friday, February 10, 2012. On that day at approximately 8:45 a.m. (ET) Mark Grier, Prudential Financial, Inc.’s Vice Chairman, will discuss the company’s businesses and strategies. (more) |
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02 February 2012Prudential Fixed Income closes new $304.8 million CLONEWARK, N.J., February 02, 2012 - Prudential Fixed Income has closed Dryden XXII, its most recent collateralized loan obligation at $304.8 million, the company said today. Most of Dryden XXII will be owned by third-party investors, unlike many of the transactions the market has seen since the financial crisis in which the manager retains significant portions of equity or debt. (more) |
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01 February 2012Senior Management, Boards, Finance More Involved in Benefits DecisionsNEWARK, N.J., February 01, 2012 - As the benefits decision-making process continues to gain importance in corporate America, there is growing trend of senior management, boards of directors and finance/treasury, as well as human resources increasingly becoming involved in, or making these decisions. A Changing Benefits Landscape, the third in a series of research briefs stemming from Prudential’s Sixth Annual Study of Employee Benefits: Today & Beyond, found that 40% of plan sponsors say the employee benefits decision-making process in their company has changed to some extent over the past five years, demonstrating increased attention to the bottom line impact of benefits. (more) |
