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

May 22, 2020

Operation Gratitude and Prudential Financial team up to deliver care packages to front-line workers

National nonprofit Operation Gratitude and Prudential Financial teamed up, with additional support from Mars Wrigley, to deliver “Jumbo Care Packages” containing handwritten letters of appreciation from grateful Americans—including those from more than 100 Prudential employees and their families—as well as coffee, single-serve snacks and candy, and hygiene and comfort items.

May 19, 2020

Prudential Group Insurance strategic partnerships improve user experience

Prudential Group Insurance is helping to improve the process of choosing and managing group benefits with new and enhanced partnerships that will provide smoother, real-time and personalized interactions.

May 18, 2020

Prudential introduces FlexGuard—company’s first indexed variable annuity

NEWARK, N.J., May 18, 2020 - Prudential Financial, Inc. (NYSE: PRU), launched FlexGuardSM today, the company’s first indexed variable annuity product, designed to provide customers with downside protection and the opportunity to grow and accelerate the performance of their retirement assets into the future. The commission-based version launches today, with a fee-based version of FlexGuard to follow later this year.

May 14, 2020

PGIM Real Estate arranges $66M acquisition financing for Inland Empire industrial asset

RIVERSIDE, Calif., May 14, 2020 – PGIM Real Estate has arranged $66 million in acquisition financing for 6275 Lance Drive, a 1-million-square-foot industrial facility located in Riverside, California, within the Inland Empire submarket. The fixed-rate loan was arranged on behalf of the borrower, for which TA Realty provides investment advisory services, and has an eight-year term. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

May 12, 2020

Prudential Financial Declares Quarterly Dividend on Common Stock

Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.10 per share of Common Stock, payable on June 18, 2020, to shareholders of record at the close of business on May 26, 2020.

May 12, 2020

After coronavirus lockdown, businesses must navigate four major structural changes: PGIM

When global lockdowns end, as families and communities recover, new opportunities and challenges will emerge for companies—and investors—around the world as they navigate the economic, social and political shifts brought on by the pandemic, according to research from PGIM.

May 05, 2020

Prudential Financial, Inc. announces first quarter 2020 results

Prudential Financial, Inc. (NYSE: PRU) reported first quarter results. Net loss attributable to Prudential Financial, Inc. was $271 million ($0.70 per Common share) for the first quarter of 2020, compared to net income of $932 million ($2.22 per Common share) for the first quarter of 2019.

April 29, 2020

PGIM Real Estate hires Sara Shank as global head of innovation

PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.

April 14, 2020

PGIM and GIC help CIOs build balanced portfolios when investing in illiquid private assets

PGIM has collaborated with GIC, Singapore’s sovereign wealth fund, to create a framework that links top-down asset allocation with bottom-up private asset investing to support investors who are increasingly faced with the difficult choice between potentially higher portfolio returns and greater liquidity.

April 10, 2020

Prudential Financial, Inc. to sell Prudential of Korea to KB Financial Group for US $1.9 billion

NEWARK, N.J. & SEOUL, South Korea, April 10, 2020 - Prudential Financial, Inc. (NYSE:PRU) announced today that it has entered into a definitive agreement with KB Financial Group Inc. (KB), a Korean financial services provider, to sell The Prudential Life Insurance Company of Korea, Ltd.