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0 0.000657153586180935 -0.000140818625610219 -0.000187758167480381 -0.00671235448742023 -0.00882463387157353 -0.0070409312805107 -0.00986387532857685
Stock impact report

AM Best Assigns Issue Credit Rating to Prudential Financial, Inc.’s Senior Unsecured Medium-Term Notes

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
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to the $750 million, 5.2% senior unsecured medium-term notes, due 2035, issued by Prudential Financial, Inc. (Prudential) (Newark, NJ) [NYSE: PRU]. The outlook assigned to this Credit Rating (rating) is stable. All other ratings of Prudential and its subsidiaries remain unchanged.Prudential intends to use the net proceeds from the sale of the notes for general corporate purposes, which may include refinancing its medium-term notes maturing through 2026. The impact on the company’s debt leverage is expected to elevate slightly higher over the medium term as a higher leverage ratio will be realized prior to the maturity of medium-term notes thr Read more
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