Am best assigns issue credit rating to prudential financial, inc.'s senior unsecured medium-term notes

Oldwick, n.j.--(business wire)-- #insurance--am best has assigned a long-term issue credit rating of “a-” (excellent) to the $750 million, 5.2% senior unsecured medium-term notes, due 2035, issued by prudential financial, inc. (prudential) (newark, nj) [nyse: pru]. the outlook assigned to this credit rating (rating) is stable. all other ratings of prudential and its subsidiaries remain unchanged. prudential intends to use the net proceeds from the sale of the notes for general corporate purposes, which may.
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