Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

April 02, 2018

Prudential offers Guaranteed Income For Tomorrow (GIFT)SM

NEWARK, N.J., April 2, 2018 – Increasing longevity has made outliving assets in retirement a concern for many Americans, with 67 percent of U.S. workers saying they fear their retirement savings won’t last, according to a 2016 Prudential report. To help Americans supplement their retirement savings, Prudential Financial, Inc. (NYSE: PRU) has introduced its first online income product, a voluntary deferred income annuity designed to generate guaranteed lifetime income.

March 29, 2018

Prudential Financial to Announce First Quarter 2018 Earnings; Schedules Conference Call

NEWARK, N.J.--(BUSINESS WIRE)--Mar. 29, 2018-- Prudential Financial, Inc. (NYSE:PRU) will release its first quarter 2018 earnings on Wednesday, May 2, 2018, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com. Members of Prudential's senior management will host a conference call on Thursday, May 3, 2018, at 11:00 a.m. ET, to discuss with the investment community the company's first quarter results. Conference Call Information The conference call will be broadcast live over t...
March 27, 2018

Prudential develops innovative process with PIC to help small pensions de-risk

NEWARK, N.J., March 27, 2018 - A collaborative effort between Prudential Retirement, a unit of Prudential Financial, Inc. (NYSE:PRU), and Pension Insurance Corporation (PIC) has created an innovative new approach for expediting longevity reinsurance transactions for smaller pension buy-ins and buy-outs. This new approach combines an advance commitment of capital, known pricing and the bundling of multiple transactions into a single closing to enable PIC to more nimbly and efficiently address the risk transfer needs of small pensions and their retirees.

March 20, 2018

Millennials are slowly finding their economic footing but uncertain of future progress, Prudential study finds

NEWARK, N.J., March 20, 2018 - Millennials don’t share the confidence of baby boomers and Gen Xers who believe they’ll be financially better off than their parents, according to a study commissioned by Prudential Financial, Inc. (NYSE: PRU).

March 20, 2018

Howard Nowell joins PGIM Institutional Relationship Group in London

LONDON, March 20, 2018 - Howard Nowell has joined PGIM as managing director of the company’s Institutional Relationship Group in London, committed to serving large institutional clients in the U.K. and Europe and establishing new relationships throughout the region.

March 19, 2018

PGIM Real Estate Finance and NYSTRS provide $1.1 billion loan for nationwide industrial portfolio

CHICAGO, March 19, 2018 - PGIM Real Estate Finance and the New York State Teachers’ Retirement System (NYSTRS) have provided $1.1 billion in financing for the acquisition of a 146-property industrial portfolio. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

March 12, 2018

PGIM Real Estate signs agreement to acquire M Campus in Meudon, Paris

PARIS, March 12, 2018 – PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris.

March 05, 2018

Prudential Short Duration High Yield Fund, Inc. and Prudential Global Short Duration High Yield Fund, Inc. appoint new director

NEWARK, N.J., March 5, 2018 – Brian Reid has been elected as an independent director for closed-end mutual funds Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) and Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) effective March 1.

March 05, 2018

The Board of Directors of Prudential Funds adds independent director to its open-end mutual fund board

NEWARK, N.J., March 5, 2018 – Brian Reid has been elected as an independent director effective March 1 for open-end mutual funds offered by PGIM Investments, the $100 billion1 global manufacturer and fund distributor of PGIM. PGIM is the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

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...