Press Releases
Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email contact our communications staff.
Prudential Financial, Inc. Announces Private Exchange Offers of Certain Outstanding Notes for New Notes
Prudential Financial, Inc. Announces Private Exchange Offers of Certain Outstanding Notes for New Notes
Prudential Financial Declares Quarterly Dividend on Common Stock
PGIM Investments names new global chief marketing officer
NEWARK, N.J., Nov. 13, 2017 - PGIM Investments has named Sheri Taylor Gilchrist global chief marketing officer, charged with helping to drive the company’s strategy to expand globally. PGIM Investments is the global fund manufacturer of PGIM, the $1 trillion global investment businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).
Prudential, PIC Reach $1.2 Billion Longevity Reinsurance Agreement
NEWARK, N.J., Nov. 09, 2017 - Prudential Retirement, a unit of Prudential Financial, Inc. (NYSE:PRU), and Pension Insurance Corporation (PIC), have entered into their fifth longevity reinsurance transaction since 2015. In the agreement, The Prudential Insurance Company of America assumes the longevity risk for $1.2 billion (about £900 million) in pension liabilities, covering approximately 4,000 pensioners across four pension schemes.
PGIM Real Estate acquires mixed-use lifestyle center LaCenterra at Cinco Ranch in Houston suburb
PGIM Real Estate has acquired LaCenterra at Cinco Ranch, a 412,900-square-foot outdoor mixed-use retail lifestyle center in Katy, Texas, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).
Prudential Financial, Inc. Announces Third Quarter 2017 Results
Pramerica opens state-of-the-art campus in Letterkenny
LETTERKENNY, Republic of Ireland, Oct. 20, 2017 – Pramerica Systems Ireland Limited, a wholly-owned subsidiary of Prudential Financial, Inc., today opened a new €42 million campus in Letterkenny, continuing its long-term commitment to County Donegal. Opening with just eight employees in 2000, Pramerica has grown to become the largest employer in the northwest region with more than 1,500 people on staff.
QMA extends global platform; names Adam Broder to lead client, business development
NEWARK, N.J., Oct. 9, 2017 - Adam Broder will join QMA as head of Global Distribution, a new role that combines oversight of all client-facing activity for the first time. In this capacity, he will lead a team to extend new global capabilities in client and business development.
Grammy Museum Experience Prudential Center ribbon-cutting on Oct. 19 to feature tribute to Newark native Whitney Houston, rising local youth musicians and more
NEWARK, N.J., October 4, 2017 - Prudential Center and the forthcoming GRAMMY Museum Experience™ (developed in partnership with the Los Angeles-based GRAMMY Museum®) have announced today details for the Experience’s ribbon-cutting ceremony on Thursday, Oct. 19 from 11 a.m. to 3 p.m. at Prudential Center in Newark.