NEWARK, N.J., August 13, 2024 – Prudential Financial, Inc. (NYSE: PRU) announced the launch of Prudential Financial InterNotes®, a program targeted to retail investors that offers corporate notes through broker-dealers and registered investment advisers. The notes will be senior unsecured obligations of Prudential Financial, Inc. and will be issued on a periodic basis, beginning in August 2024.
Prudential Financial InterNotes® will be issued at par value, at competitive market-based rates. The notes will mature six months or more from the date of issuance. Unless otherwise stated, the notes will contain a “survivor’s option” feature providing for repayment prior to maturity in the event of the beneficial owner’s death, and issuances will have a minimum investment of $1,000. The specific terms of each series of notes will be set prior to the time of sale and will be described in a publicly available pricing supplement.
InspereX LLC will serve as purchasing agent for the program and oversee distribution of Prudential Financial InterNotes®. Information on the program can be found at insperex.com/prudential.
Prudential Financial, Inc. has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents Prudential has filed with the SEC for more complete information about Prudential Financial, Inc. and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, Prudential Financial, Inc. or the purchasing agent will arrange to send you the prospectus if you request it by calling toll-free (877) 878-9000 or by emailing [email protected].
Forward-Looking Statements
Certain of the statements included in this release constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on management’s current expectations and beliefs concerning future developments and their potential effects upon Prudential Financial, Inc. and its subsidiaries. Prudential Financial, Inc.’s actual results may differ, possibly materially, from expectations or estimates reflected in such forward-looking statements. Certain important factors that could cause actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements can be found in the “Risk Factors” and “Forward-Looking Statements” sections included in Prudential Financial, Inc.’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Prudential Financial, Inc. does not undertake to update any particular forward-looking statement included in this release.
ABOUT PRUDENTIAL
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion of assets under management as of June 30, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years. For more information, please visit news.prudential.com.
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