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07 May 2013Prudential Financial to redeem 9.0% Junior Subordinated Notes due 2068NEWARK, N.J, May 07, 2013 - Prudential Financial, Inc. (NYSE: PRU) today announced that it will redeem all of its outstanding 9.0% Junior Subordinated Notes due 2068 (CUSIP/ISIN No. 744320508/ US7443205080) (NYSE: PHR) (the "Junior Notes") on June 15, 2013 (the "Redemption Date"). On the Redemption Date, a redemption price equal to 100% of the outstanding principal amount of the Junior Notes, or $25 per each $25 note, will be payable by Prudential Financial to the holders of record as of June 15, 2013. As of May 7, 2013, $920,000,000 aggregate principal amount of Junior Notes were outstanding. (more) |
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06 May 2013America’s Top 10 Youth Volunteers Named in 18th Annual Prudential Spirit of Community AwardsWASHINGTON, May 06, 2013 - Ten middle level and high school students from across the country were named America’s top youth volunteers of 2013 today by The Prudential Spirit of Community Awards during the program’s 18th annual national award ceremony at the U.S. Chamber of Commerce. (more) |
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01 May 2013Prudential Financial, Inc. Announces First Quarter 2013 ResultsNEWARK, N.J., May 01, 2013 - Prudential Financial, Inc. (NYSE:PRU) today reported after-tax adjusted operating income for its Financial Services Businesses of $1.079 billion ($2.28 per Common share) for the first quarter of 2013, compared to $765 million ($1.61 per Common share) for the year-ago quarter. The net loss for the Financial Services Businesses attributable to Prudential Financial, Inc. was $721 million ($1.55 per Common share) for the first quarter of 2013, compared to a net loss of $960 million ($2.03 per Common share) for the year-ago quarter. Information regarding adjusted operating income, a non-GAAP measure, is provided below. (more) |
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29 April 2013Reminder: Prudential Financial To Announce First Quarter 2013 Earnings; Schedules Conference CallNEWARK, N.J., April 29, 2013 - As previously announced, Prudential Financial, Inc. (NYSE:PRU) will release its first quarter 2013 earnings on Wednesday, May 1, 2013, after the market closes. The earnings news release, financial supplement and related materials will be posted on the company's Investor Relations Web site at: http://www.investor.prudential.com. (more) |
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29 April 2013Caroline Faulkner named head of Pramerica Systems IrelandLETTERKENNY, Co. Donegal, Ireland, April 29, 2013 - Caroline Faulkner has been named senior managing director and head of Pramerica Systems Ireland Limited, a software and contact centre subsidiary of U.S.-based Prudential Financial, Inc. (PFI) (NYSE:PRU) that provides technology and operations services for PFI businesses in the United States. (more) |