Am best assigns issue credit rating to prudential financial, inc.'s new junior subordinated notes

Oldwick, n.j.--(business wire)--am best has assigned a long-term issue credit rating of “bbb” (good) to the $500 million, 6.75% fixed to fixed reset rate junior subordinated notes, due march 1, 2053, of 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 are unchanged.
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