Prudential Financial to redeem all outstanding subordinated notes due 2045

Prudential sign and building at its headquarters in New Jersey.

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  • Prudential Financial (NYSE:PRU) plans to redeem all of the $1B outstanding aggregate principal amount of its 5.375% Fixed-to-Floating Rate Junior Subordinated Notes due 2045.
  • The notes will be redeemed on May 15, 2025 at a price equal to 100% of the principal amount

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