Prudential Financial (PFH) offers 4.65% senior notes, matures 05/15/2031
Rhea-AI Filing Summary
Prudential Financial, Inc. is offering Senior Unsecured Notes (CUSIP 74432BBW7) under an automatically effective registration statement; terms in this pricing supplement are subject to completion and a final pricing supplement will be delivered. The notes carry a fixed 4.650% interest rate, pay semi‑annually on May 15 and Nov 15, mature on 05/15/2031, and have an initial selling price of 100.000%. The first interest payment date is 11/15/2026 with a listed first payment amount of $21.44 per $1,000 principal. The offering window is May 18–26, 2026, trade date 05/26/2026, and settle date 05/29/2026. Minimum denomination is $1,000. The survivor’s option feature is described in the prospectus supplement.
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Insights
Notes priced as fixed‑rate senior unsecured debt with standard distribution terms.
These Senior Unsecured Notes are offered at par with a stated coupon of 4.650% and semi‑annual payments beginning 11/15/2026. The pricing supplement is subject to completion and the final pricing will replace provisional terms.
Distribution details list a gross concession of 1.250% and customary selling‑agent mechanics including a Purchasing Agent and agents; timing: offering May 18–26, 2026 with settlement on 05/29/2026.
Key Figures
Key Terms
Survivor’s Option financial
Purchasing Agent market
Gross Concession market
InterNotes® other
Offering Details
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 May 18, 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. 41 - Dated Monday, May 18, 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 | ||||||||||||
| 74432BBW7 |
[] | 100.000% | 1.250% | [] | Fixed | 4.650% | Semi-Annual | 05/15/2031 | 11/15/2026 | $21.44 | Yes | Senior Unsecured Notes | ||||||||||||
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We will pay you interest on the notes on a Semi-Annual basis on May 15th and Nov 15th. The first such payment will be made on Nov 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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| Offering Date: Monday, May 18, 2026 through Tuesday, May 26, 2026 |
Prudential Financial, Inc. | |
| Trade Date: Tuesday, May 26, 2026 @ 12:00 PM ET |
Prudential Financial Internotes® | |
| Settle Date: Friday, May 29, 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. |
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.