Prudential prices 4.65% and 4.85% notes at par
Prudential Financial, Inc. is offering two series of senior unsecured notes through a pricing supplement dated June 1, 2026.
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Rhea-AI Filing Summary
Prudential Financial, Inc. is offering two series of senior unsecured notes through a pricing supplement dated June 1, 2026. One series (CUSIP 74432BBZ0) carries a 4.650% fixed interest rate maturing 06/15/2031 with a selling price of 100.000% and a gross concession of 1.250%. The first interest payment of $23.77 is payable on 12/15/2026.
The second series (CUSIP 74432BB23) carries a 4.850% fixed interest rate maturing 06/15/2033 with a selling price of 100.000% and a gross concession of 1.450%. The first interest payment of $24.79 is payable on 12/15/2026. Interest on both series is paid semi‑annually on Jun 15 and Dec 15.
The offering period runs June 1, 2026 through June 8, 2026, trade date is June 8, 2026, and settlement is June 11, 2026. Notes are non‑callable, sold at the stated selling price in minimum denominations of $1,000, and include a survivor's option feature described in the prospectus supplement.
Insights
Two fixed‑rate senior unsecured note series priced at par with multi‑year maturities.
The excerpt shows two senior unsecured note series: a 4.650% note maturing 06/15/2031 and a 4.850% note maturing 06/15/2033, each offered at 100.000%. The filings specify semi‑annual interest with first payments on 12/15/2026.
Underwriting terms include gross concessions of 1.250% and 1.450%, and initial trades settle flat with June 11, 2026 settlement. The notes are non‑callable and include a survivor's option subject to the prospectus supplement’s conditions.
Key Figures
Key Terms
survivor's option financial
gross concession market
selling price financial
DTC Book‑Entry operational
FAQ
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This pricing supplement, which is not complete, relates to an automatically effective Registration Statement under the Securities Act of 1933, as amended. We may not sell the notes until we deliver a final pricing supplement. This pricing supplement and the accompanying prospectus supplement and prospectus are not an offer to sell these notes in any jurisdiction where such an offer would not be permitted.
Subject to completion, dated June 01, 2026
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Prudential Financial InterNotes®, Due Six Months or More from Date of Issue Filed under Rule 424(b)(2), Registration Statement No. 333-277590 Preliminary Pricing Supplement No. 43 - Dated Monday, June 1, 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 | ||||||||||||
| 74432BBZ0 |
[] | 100.000% | 1.250% | [] | Fixed | 4.650% | Semi-Annual | 06/15/2031 | 12/15/2026 | $23.77 | Yes | Senior Unsecured Notes | ||||||||||||
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We will pay you interest on the notes on a Semi-Annual basis on Jun 15th and Dec 15th. The first such payment will be made on Dec 15, 2026. 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
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| 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 | ||||||||||||
| 74432BB23 |
[] | 100.000% | 1.450% | [] | Fixed | 4.850% | Semi-Annual | 06/15/2033 | 12/15/2026 | $24.79 | Yes | Senior Unsecured Notes | ||||||||||||
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We will pay you interest on the notes on a Semi-Annual basis on Jun 15th and Dec 15th. The first such payment will be made on Dec 15, 2026. 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
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| Offering Date: Monday, June 1, 2026 through Monday, June 8, 2026 |
Prudential Financial, Inc. | |
| Trade Date: Monday, June 8, 2026 @ 12:00 PM ET |
Prudential Financial Internotes® | |
| Settle Date: Thursday, June 11, 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 |
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| DTC Number 0235 via RBC Dain Rauscher Inc. |
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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.
InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.