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Stock impact report

Pricoa Capital Group provides US$5.3 billion in private debt to middle-market companies in the first half of 2018

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
CHICAGO--(BUSINESS WIRE)-- Pricoa Capital Group provided US$5.3 billion of senior debt and junior capital to middle-market companies and projects globally in the first half of 2018. Pricoa Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the US$1 trillion global investment management businesses of Prudential Financial, Inc. (PFI) (NYSE: PRU). “Our global footprint and our origination platform have enabled us to meet borrower demand across corporate finance, energy, infrastructure, commercial asset finance and credit tenant lease sectors,” said Allen Weaver, senior managing director and head of Pricoa Capital Group. “More than half of transactions this year have been with existing borrowers, demonstrating the strength of 75 years of financing and our relationship-first approach.” First Half 2018 Highlights: Show less Read more
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