Prudential offers 4.6%–5.5% notes due 2028–36
Prudential Financial, Inc. (PFH) is offering three fixed-rate senior unsecured InterNotes under its shelf registration, each with a survivor’s option and semi-annual interest payments on March 15 and September 15, beginning March 15, 2027.
Rhea-AI Filing Summary
Prudential Financial, Inc. (PFH) is offering three fixed-rate senior unsecured InterNotes under its shelf registration, each with a survivor’s option and semi-annual interest payments on March 15 and September 15, beginning March 15, 2027.
The three CUSIPs carry principal amounts of $4.673 million at 4.600% maturing September 15, 2028, $8.829 million at 5.100% maturing September 15, 2031, and $3.178 million at 5.500% maturing September 15, 2036. The 2036 tranche is callable at 100% on September 15, 2028 and on any interest payment date thereafter. Notes are issued at 100% of principal, in $1,000 minimum denominations, through InspereX LLC and a syndicate of selling agents.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
Survivor’s Option financial
Senior Unsecured Notes financial
gross concession financial
callable at 100.000% financial
business day convention financial
Offering Details
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What notes is Prudential Financial (PFH) offering in this 424B2 InterNotes filing?
What are the interest rates and maturities of the new PFH InterNotes?
Is any of the new Prudential Financial (PFH) debt callable?
What are the offering, trade, and settlement dates for the new PFH InterNotes?
How often do the new Prudential Financial InterNotes pay interest and in what amounts initially?
What selling concessions and net proceeds apply to these PFH InterNotes tranches?
AI-generated analysis. How Rhea-AI works. Not financial advice.
|
Prudential Financial InterNotes® , Due Six Months or More from Date of Issue Filed under Rule 424(b)(2), Registration Statement No. 333-277590 Final Pricing Supplement No. 50 - Dated Monday, September 14, 2026. To Prospectus Dated March 1, 2024 and Prospectus Supplement dated August 5, 2024 Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplement. |
| CUSIP Number |
Aggregate Principal Amount |
Selling Price |
Gross Concession |
Net Proceeds |
Interest Type |
Interest Rate |
Payment Frequency |
Maturity Date |
1st Interest Payment |
1st Interest Payment |
Survivor’s Option* |
Product Ranking | ||||||||||||
| 74432BCP1 |
$4,673,000.00 | 100.000% | 0.550% | $4,647,298.50 | Fixed | 4.600% | Semi-Annual | 09/15/2028 | 03/15/2027 | $22.74 | Yes | Senior Unsecured Notes | ||||||||||||
|
We will pay you interest on the notes on a Semi-Annual basis on Mar 15th and Sep 15th. The first such payment will be made on Mar 15, 2027. The interest rate per annum and stated maturity date are set out above. The regular record dates for your notes are each business day preceding each date on which interest is paid.
Any notes sold by the selling agents to securities dealers, or by securities dealers to certain other brokers or dealers, may be sold at a discount from the initial selling price up to 0.2000% of the principal amount.
Redemption Information: Non-Callable
Purchasing Agent: InspereX LLC Agents: Academy Securities, Inc., BofA / Merrill Lynch, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors
| ||||||||||||||||||||||||
| CUSIP Number |
Aggregate Principal Amount |
Selling Price |
Gross Concession |
Net Proceeds |
Interest Type |
Interest Rate |
Payment Frequency |
Maturity Date |
1st Interest Payment |
1st Interest Payment |
Survivor’s Option* |
Product Ranking | ||||||||||||
| 74432BCQ9 |
$8,829,000.00 | 100.000% | 1.250% | $8,718,637.50 | Fixed | 5.100% | Semi-Annual | 09/15/2031 | 03/15/2027 | $25.22 | Yes | Senior Unsecured Notes | ||||||||||||
|
We will pay you interest on the notes on a Semi-Annual basis on Mar 15th and Sep 15th. The first such payment will be made on Mar 15, 2027. The interest rate per annum and stated maturity date are set out above. The regular record dates for your notes are each business day preceding each date on which interest is paid.
Any notes sold by the selling agents to securities dealers, or by securities dealers to certain other brokers or dealers, may be sold at a discount from the initial selling price up to 0.6000% of the principal amount.
Redemption Information: Non-Callable
Purchasing Agent: InspereX LLC Agents: Academy Securities, Inc., BofA / Merrill Lynch, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors
| ||||||||||||||||||||||||
| CUSIP Number |
Aggregate Principal Amount |
Selling Price |
Gross Concession |
Net Proceeds |
Interest Type |
Interest Rate |
Payment Frequency |
Maturity Date |
1st Interest Payment |
1st Interest Payment |
Survivor’s Option* |
Product Ranking | ||||||||||||
| 74432BCR7 |
$3,178,000.00 | 100.000% | 1.800% | $3,120,796.00 | Fixed | 5.500% | Semi-Annual | 09/15/2036 | 03/15/2027 | $27.19 | Yes | Senior Unsecured Notes | ||||||||||||
|
Subject to our redemption right, we will pay you interest on the notes on a Semi-Annual basis on Mar 15th and Sep 15th. The first such payment will be made on Mar 15, 2027. The interest rate per annum and stated maturity date are set out above. The regular record dates for your notes are each business day preceding each date on which interest is paid.
Any notes sold by the selling agents to securities dealers, or by securities dealers to certain other brokers or dealers, may be sold at a discount from the initial selling price up to 0.9000% of the principal amount.
Redemption Information: Callable at 100.000% on 09/15/2028 and every interest payment date thereafter.
This tranche of Prudential Financial, Inc. InterNotes (CUSIP 74432BCR7) will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring on 09/15/2028 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of this tranche of Prudential Financial, Inc. InterNotes plus accrued and unpaid interest thereon, if any, upon at least 30 Calendar Days prior notice to the noteholder and the trustee, as described in the prospectus supplement.
Additional Information: The notes do not amortize and are not zero coupon or original discount notes.
Purchasing Agent: InspereX LLC Agents: Academy Securities, Inc., BofA / Merrill Lynch, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors
| ||||||||||||||||||||||||
|
Offering Date: Tuesday, September 8, 2026 through Monday, September 14, 2026 |
Prudential Financial, Inc. | |
| Trade Date: Monday, September 14, 2026 @ 12:00 PM ET |
Prudential Financial Internotes® | |
| Settle Date: Thursday, September 17, 2026 |
Prospectus Dated March 1, 2024 and | |
| Minimum Denomination/Increments: $1,000.00/$1,000.00 |
Prospectus Supplement Dated August 5, 2024 | |
| Initial trades settle flat and clear SDFS: DTC Book-Entry only |
||
| DTC Number 0235 via RBC Dain Rauscher Inc. |
If the maturity date, redemption date or an interest payment date for any note is not a business day (as that term is defined in the prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date, redemption date or interest payment date (following unadjusted business day convention).
* The survivor’s option feature of your note is subject to important limitations, restrictions and procedural requirements further described on page S-32 of your prospectus supplement.
The Bank of New York will act as trustee for the Notes. Citibank, N.A., will act as paying agent, registrar and transfer agent for the Notes and will administer any survivor’s options with respect thereto.
Notes will be sold to you at the selling price specified in this Pricing Supplement. The Purchasing Agent shall purchase notes from us at the selling price less the applicable gross concession specified in this Pricing Supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession applicable to the Purchasing Agent.
In the opinion of John M. Cafiero, as counsel to Prudential Financial, Inc. (the Company), when the notes offered by this pricing supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture, and delivered against payment as contemplated herein, such notes will be valid and binding obligations of the Company, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability related to affecting creditors’ rights and to general equity principles. This opinion is given as of the date hereof and is limited to the laws of New Jersey and New York. In addition, this opinion is subject to customary assumptions about the trustee’s authorization, execution and delivery of the indenture and the genuineness of signatures and to such counsel’s reliance on officers of the Company and other sources as to certain factual matters, all as stated in the opinion of John M. Cafiero, dated August 5, 2024, filed in the Company’s Current Report on Form 8-K dated August 5, 2024 and incorporated by reference as Exhibit 5.2 to the Company’s registration statement on Form 3-ASR (File No. 333-277590).
InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.