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.

August 27, 2020

PGIM Real Estate acquires 15-building US industrial portfolio for $425 million

On behalf of its U.S. core real estate strategy, PGIM Real Estate has acquired a 4.7 million-square-foot, 15-building industrial portfolio located across eight properties in Atlanta, Dallas, Denver, Fort Worth, and Phoenix, for a total value of $425 million.

August 17, 2020

Innovative pension risk transfer approach offers Prudential clients a new way to wind down plans

Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has completed the firm’s fourth and final pension de-risking transaction with Boise, Idaho-based wood products manufacturer and building materials distributor Boise Cascade Company

August 11, 2020

Prudential Financial Declares Quarterly Dividend on Common Stock

Prudential Financial, Inc. (NYSE: PRU) announced the declaration of a quarterly dividend of $1.10 per share of Common Stock, payable on September 17, 2020, to shareholders of record at the close of business on August 25, 2020.

August 11, 2020

Prudential Financial to sell Prudential of Taiwan to Taishin Financial

Prudential Financial, Inc. (NYSE:PRU) has entered into a definitive agreement with Taishin Financial Holding Co., Ltd., a leading Taiwan-based financial institution, to sell Prudential Life Insurance Company of Taiwan Inc.

August 04, 2020

Prudential Financial, Inc. Announces Second Quarter 2020 Results

Prudential Financial, Inc. (NYSE:PRU) reported second quarter results. Net loss attributable to Prudential Financial, Inc. was $2.409 billion ($6.12 per Common share) for the second quarter of 2020, compared to net income of $708 million ($1.71 per Common share) for the second quarter of 2019.

July 28, 2020

New Prudential program aims to ease pandemic-related financial stress in the workplace

Prudential Financial, Inc. has created a new workplace package designed specifically for concerned employees and time-strapped human resources teams.

July 27, 2020

Prudential Financial general counsel Tim Harris to retire in 2020

Tim Harris, executive vice president and general counsel, has decided to retire after a long and successful career. Ann Kappler, senior vice president, deputy general counsel and head of external affairs, will assume the role of executive vice president and general counsel.

July 21, 2020

City of Atlanta selects Prudential Retirement to oversee more than $330M in assets

NEWARK, N.J., July 21, 2020 - The city of Atlanta, the ninth-largest metropolitan area in the nation, chose Prudential Retirement as record keeper for its defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).

July 20, 2020

PGIM Private Capital provides nearly $5.0B in private debt to middle-market companies in the first half of 2020

PGIM Private Capital provided $4.7B of senior debt and junior capital to middle-market companies and projects globally in the first half of 2020.

July 13, 2020

COVID-19 pandemic erases years of financial gains in months, disproportionately affecting people of color, women, gig workers and the young

NEWARK, N.J., July 13, 2020 - The first months of the COVID-19 pandemic largely wiped out three years of financial gains in the United States, with more than half of Americans reporting their financial health has been compromised. People of color, women, younger generations and small business owners were among those disproportionately affected, Prudential’s (NYSE:PRU) 2020 Financial Wellness Census™ finds.