Prudential financial, inc. to redeem 5.20% fixed-to-floating rate junior subordinated notes due 2044

Newark, n.j.--(business wire)--prudential financial, inc. (nyse: pru) announced today that it will redeem all of the $500,000,000 outstanding aggregate principal amount of its 5.20% fixed-to-floating rate junior subordinated notes due 2044 (cusip/isin no. 744320an2 / us744320an25) (the “notes”). the notes will be redeemed on march 15, 2024 at a redemption price equal to 100% of the principal amount of the notes, plus accrued and unpaid interest to, but excluding, the redemption date. a notice o.
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