Press Releases

NEWARK, N.J.--(BUSINESS WIRE)--PGIM Investments is proud to announce that the PGIM Fixed Income portfolio managers of the Prudential Total Return Bond Fund (PDBZX) have been named Morningstar’s 2017 Fixed-Income Fund Manager of the Year. PGIM Investments is the global retail manufacturer and distributor of PGIM, Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU) – a top 10 asset manager globally.¹

LOS ANGELES, Jan. 23, 2018 – PGIM Real Estate Finance has expanded its multifamily originations team with the additions of Robert Younkin and Garrett Meyers to its Western U.S. team. 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).

NEWARK, N.J., Jan 22, 2018 – Stephen M. Chipman has been named an independent director for Prudential’s Insurance Funds board of trustees. The Prudential Insurance Funds have approximately $179 billion in assets in over 107 mutual funds across its annuities and insurance businesses.

SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. 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 Short Duration High Yield Fund, Inc. (NYSE: ISD) (the "Fund"), a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended November 30, 2017.

 

U.S. Figure Skating announced the Columbine Figure Skating Club (Arvada, Co.) and the Scott Hamilton Skating Academy (Nashville, Tenn.) as the 2018 recipients of awards made through the Prudential Skating Fund. The Fund, established by U.S. Figure Skating and Prudential Financial, Inc. (NYSE: PRU), in 2013, provides $25,000 in financial support to eligible U.S. Figure Skating member clubs and/or programs that are addressing social needs or directly benefiting underserved groups and communities within the sport of figure skating.

NEWARK, N.J.--(BUSINESS WIRE)--Jan. 4, 2018-- Prudential Financial, Inc. (NYSE:PRU) will release its fourth quarter 2017 earnings on Wednesday, February 7, 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, February 8, 2018, at 11:00 a.m. ET, to discuss with the investment community the company's fourth quarter results. Conference Call Information The conference call will be broadcast ...

NEWARK, N.J.--(BUSINESS WIRE)--Dec. 14, 2017-- Presentation materials for the Prudential Financial, Inc. (NYSE:PRU) 2018 Financial Outlook Call, commencing today at 11:00 a.m. ET, are available at Prudential's Investor Relations website, www.investor.prudential.com. Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1 trillion of assets under management as of September 30, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through...

NEWARK, N.J., Dec. 13, 2017 – Kelly A. Abeles has joined Prudential Group Insurance as vice president, Association Strategy and Account Management, where her responsibilities will include in-force revenue development and strategic business planning and development. Prudential Group Insurance is a business of Prudential Financial, Inc. (NYSE: PRU).

NEWARK, N.J.--(BUSINESS WIRE)--Dec. 6, 2017-- Prudential Financial, Inc. (the "Company") (NYSE: PRU) announced today, among other things, the pricing terms of its offers to certain eligible holders (together, the "Exchange Offers") of the Company's Pool 1 Existing Notes and Pool 2 Existing Notes listed in the tables below (collectively, the "Existing Notes") to exchange Pool 1 Existing Notes for consideration consisting of the Company's 3.905% Notes due 2047 (the "New 2047 Notes") and to exchange Pool 2 Existing Notes for consideration consisting of the Company's 3.935% Notes due 2049 (the "New 2049 Notes"), the complete terms an...