A.M. Best Assigns Issue Credit Ratings to Prudential Financial Inc.’s New Senior Unsecured Notes
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.prudential.com
Company Research
Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has assigned Long-Term Issue Credit Ratings of “a-” to the newly issued senior unsecured notes of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU]. The securities were issued in two tranches: $600 million 3.878% 10-year notes and $400 million 4.418% 30-year notes. The notes were issued under PFI's medium-term note program. The outlook assigned to both Credit Ratings (ratings) is stable. The existing ratings of PFI and its subsidiaries are unchanged. The proceeds from this debt issuance are expected to be used for general corporate purposes, which may include refinancing upcoming debt maturities. While A.M. Best expects this issuance to have a modest short-term negative impact on PFI's financial leverage and interest coverage ratios, both remain within A.M. Best's guidelines for the organization's current ratings. A.M. Best also notes that PFI currently
Show less
Read more
Impact Snapshot
Event Time:
PRU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PRU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PRU alerts
High impacting Prudential Financial, Inc. news events
Weekly update
A roundup of the hottest topics
PRU
News
- Shareholders Will Probably Not Have Any Issues With Prudential Financial, Inc.'s (NYSE:PRU) CEO Compensation [Yahoo! Finance]Yahoo! Finance
- Fast-growing Florida retirement haven is luring business away from Wall Street [Yahoo! Finance]Yahoo! Finance
- Prudential Financial Declares Quarterly Dividend on Common StockBusiness Wire
- Levi & Korsinsky, LLP Notifies Shareholders of Prudential Financial, Inc. (PRU) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Prudential Financial, Inc. (NYSE: PRU) had its price target lowered by analysts at Piper Sandler from $125.00 to $121.00. They now have a "neutral" rating on the stock.MarketBeat
PRU
Earnings
- 4/30/24 - Miss
PRU
Sec Filings
- 5/8/24 - Form 144
- 5/2/24 - Form 10-Q
- 5/2/24 - Form DEFA14A
- PRU's page on the SEC website