Prudential Financial offers 4.9%–5.35% notes

Prudential Financial, Inc. (PFH) is offering three series of Senior Unsecured InterNotes under a prospectus dated March 1, 2024 and prospectus supplement dated August 5, 2024.

Rhea-AI Filing Summary

Prudential Financial, Inc. (PFH) is offering three series of Senior Unsecured InterNotes under a prospectus dated March 1, 2024 and prospectus supplement dated August 5, 2024. The notes are offered in minimum denominations of $1,000, in book‑entry form through DTC.

The tranches are: CUSIP 74432BB98, $11,071,000 principal at a fixed 4.900% rate maturing 08/15/2031 (non‑callable); CUSIP 74432BCA4, $7,782,000 at 5.100% maturing 08/15/2033 (non‑callable); and CUSIP 74432BCB2, $3,603,000 at 5.350% maturing 08/15/2036, callable at 100% on 08/15/2028 and on any interest payment date thereafter.

Each tranche is sold at 100.000% of principal with gross concessions of 1.250%, 1.450%, and 1.800%, respectively, resulting in net proceeds of $10,932,612.50, $7,669,161.00, and $3,538,146.00. Interest is paid semi‑annually on February 15 and August 15, starting February 15, 2027, and each note includes a survivor’s option subject to limitations.

Key Figures

Principal 2031 Notes: $11,071,000.00 Principal 2033 Notes: $7,782,000.00 Principal 2036 Notes: $3,603,000.00 +5 more

8 metrics

Principal 2031 Notes $11,071,000.00 Aggregate principal amount of 4.900% Senior Unsecured Notes due 08/15/2031 (CUSIP 74432BB98)

Principal 2033 Notes $7,782,000.00 Aggregate principal amount of 5.100% Senior Unsecured Notes due 08/15/2033 (CUSIP 74432BCA4)

Principal 2036 Notes $3,603,000.00 Aggregate principal amount of 5.350% Senior Unsecured Notes due 08/15/2036 (CUSIP 74432BCB2)

Interest Rate 2031 Notes 4.900% Fixed annual interest rate, semi‑annual payments on February 15 and August 15

Interest Rate 2033 Notes 5.100% Fixed annual interest rate, semi‑annual payments on February 15 and August 15

Interest Rate 2036 Notes 5.350% Fixed annual interest rate, semi‑annual payments on February 15 and August 15

Net Proceeds 2031 Notes $10,932,612.50 Net proceeds after 1.250% gross concession for 2031 tranche

Net Proceeds 2033 Notes $7,669,161.00 Net proceeds after 1.450% gross concession for 2033 tranche

Key Terms

InterNotes, Senior Unsecured Notes, Survivor’s Option, prospectus supplement, +1 more

5 terms

InterNotes financial

"This tranche of Prudential Financial, Inc. InterNotes (CUSIP 74432BCB2)"

Senior Unsecured Notes financial

"Yes | | Senior Unsecured Notes We will pay you interest"

Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.

Survivor’s Option financial

"The survivor’s option feature of your note is subject to important limitations"

A survivor’s option is a built‑in choice in a pension, life insurance policy, or executive benefit that decides what a designated beneficiary receives if the primary recipient dies — for example a smaller continuing monthly payment, a one‑time lump sum, or continued coverage. It matters to investors because these options affect a company’s future cash obligations and the real value of executive pay; like choosing between a smaller steady income versus a one‑time payout, they change how much the company may owe later.

prospectus supplement financial

"further described on page S-32 of your prospectus supplement"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

DTC Book-Entry financial

"Initial trades settle flat and clear SDFS: DTC Book-Entry only"

Offering Details

shelf · 2031: $11,071,000 at 4.900%; 2033: $7,782,000 at 5.100%; 2036: $3,603,000 at 5.350%

Offering

Offering Type shelf

Securities Offered Three tranches of Senior Unsecured InterNotes due 2031, 2033, and 2036

Offering Amount 2031: $11,071,000 at 4.900%; 2033: $7,782,000 at 5.100%; 2036: $3,603,000 at 5.350%

Use of Proceeds Issuer receives net proceeds of $10,932,612.50, $7,669,161.00, and $3,538,146.00 for the respective tranches, after selling concessions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Prudential Financial (PFH) issuing in this 424B2 InterNotes offering?

Prudential Financial is issuing three series of Senior Unsecured InterNotes with fixed interest rates and maturities in 2031, 2033, and 2036. They are offered in $1,000 denominations under a March 1, 2024 prospectus and August 5, 2024 prospectus supplement.

What are the interest rates and maturities of the new PFH InterNotes?

The offering includes notes paying 4.900% maturing 08/15/2031, 5.100% maturing 08/15/2033, and 5.350% maturing 08/15/2036. All pay interest semi‑annually on February 15 and August 15, starting February 15, 2027.

How much principal is Prudential Financial (PFH) offering in each InterNotes tranche?

PFH is offering $11,071,000 of 4.900% notes due 2031, $7,782,000 of 5.100% notes due 2033, and $3,603,000 of 5.350% notes due 2036. Each tranche is issued at 100.000% of its principal amount.

Are any of the new Prudential Financial (PFH) InterNotes callable?

The 2036 tranche (CUSIP 74432BCB2) is callable at 100.000% on 08/15/2028 and on any subsequent interest payment date. The 2031 and 2033 tranches are described as Non‑Callable in the disclosure.

What net proceeds will Prudential Financial (PFH) receive from these InterNotes?

The net proceeds are $10,932,612.50 for the 2031 notes, $7,669,161.00 for the 2033 notes, and $3,538,146.00 for the 2036 notes. These reflect gross concessions of 1.250%, 1.450%, and 1.800%, respectively.

When do the PFH InterNotes price and settle, and what is the minimum denomination?

The offering period runs August 10–17, 2026, with a trade date of August 17, 2026 at 12:00 PM ET and settlement on August 20, 2026. The minimum denomination is $1,000, with $1,000 increments, in DTC book‑entry form.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2026 - 02:00 PM EDT Learn about SEC filing dates

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. 46 - Dated Monday, August 17, 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 Date

1st Interest Payment Amount

Survivor’s Option*

Product Ranking

74432BB98

$11,071,000.00

100.000%

1.250%

$10,932,612.50

Fixed

4.900%

Semi-Annual

08/15/2031

02/15/2027

$23.82

Yes

Senior Unsecured Notes

We will pay you interest on the notes on a Semi-Annual basis on Feb 15th and Aug 15th. The first such payment will be made on Feb 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 Date

1st Interest Payment Amount

Survivor’s Option*

Product Ranking

74432BCA4

$7,782,000.00

100.000%

1.450%

$7,669,161.00

Fixed

5.100%

Semi-Annual

08/15/2033

02/15/2027

$24.79

Yes

Senior Unsecured Notes

We will pay you interest on the notes on a Semi-Annual basis on Feb 15th and Aug 15th. The first such payment will be made on Feb 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 0.6500% 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 Date

1st Interest Payment Amount

Survivor’s Option*

Product Ranking

74432BCB2

$3,603,000.00

100.000%

1.800%

$3,538,146.00

Fixed

5.350%

Semi-Annual

08/15/2036

02/15/2027

$26.01

Yes

Senior Unsecured Notes

Subject to our redemption right, we will pay you interest on the notes on a Semi-Annual basis on Feb 15th and Aug 15th. The first such payment will be made on Feb 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 08/15/2028 and every interest payment date thereafter. This tranche of Prudential Financial, Inc. InterNotes (CUSIP 74432BCB2) will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring on 08/15/2028 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: Monday, August 10, 2026 through Monday, August 17, 2026		Prudential Financial, Inc.
Trade Date: Monday, August 17, 2026 @ 12:00 PM ET		Prudential Financial Internotes®
Settle Date: Thursday, August 20, 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.