Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

February 07, 2017

Top youth volunteers of 2017 honored nationwide

WASHINGTON, D.C., Feb. 7, 2017 – Some created programs for children with disabilities. Many worked to provide food to peers in need who go without subsidized school meals over the weekend. A few worked to raise awareness about the danger of distracted driving. Those are just some of the stories of the 102 youth volunteers – two from each state and the District of Columbia – who today were named State Honorees by The Prudential Spirit of Community Awards, a nationwide program honoring students in grades 5-12 for outstanding volunteer service.

February 06, 2017

PGIM Real Estate tops $12 billion in 2016 global transactions

MADISON, N.J., Feb. 6, 2017 – PGIM Real Estate completed more than $12 billion in transactions worldwide on behalf of investors in 2016, including about $8 billion in the U.S., the company announced today. PGIM Real Estate is the real estate investment business of PGIM, the trillion-dollar global investment management business of Prudential Financial, Inc. (NYSE: PRU). 

January 18, 2017

Prudential Investments adds six DCIO team members to support growth initiatives

NEWARK, N.J., Jan. 18, 2017 Prudential Investments today announced several new hires as part of a series of growth initiatives in support of its defined contribution investment-only business (DCIO). Prudential Investments, the retail distribution business of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU), remains among the industry’s fastest organically growing fund families, ranking among the top five between 2008 and the third quarter of 2016. The company managed $81 billion in assets under management as of Sept. 30, 2016.
January 21, 2016

Prudential Financial and LeapFrog Investments Launch a Partnership in Africa

NEWARK, N.J. & JOHANNESBURG, South Africa, January 21, 2016 - Prudential Financial, Inc. (NYSE:PRU) and LeapFrog Investments announced today the launch of a $350 million investment partnership to access high-growth markets in Africa. Managed by LeapFrog, the new investment vehicle will target investments in life insurance companies in leading economies on the continent, including Ghana, Kenya and Nigeria, to be made over a three- to five-year period.
December 31, 2009

Prudential Financial Completes Sale of Minority Interest in Joint Venture

NEWARK, N.J., December 31, 2009 - Prudential Financial, Inc. (NYSE:PRU) today announced that it has completed the sale of its minority joint venture interest in Wachovia Securities Financial Holdings, LLC, which includes Wells Fargo Advisors (formerly Wachovia Securities) to Wells Fargo & Company. At the closing, Prudential received $4.5 billion in cash.
December 12, 2007

PRUDENTIAL FINANCIAL SETTLEMENTS IN GROUP INSURANCE REGULATORY INVESTIGATIONS

NEWARK, N.J. – Prudential Financial, Inc. (NYSE: PRU) confirmed today that its subsidiary, The Prudential Insurance Company of America, has reached separate settlements with the New York Attorney General and California Department of Insurance in connection with their investigations into regulatory matters involving its Group insurance business.
December 08, 2007

PRUDENTIAL FINANCIAL, INC. ANNOUNCES PRICING OF $2.0 BILLION OFFERING OF CONVERTIBLE DEBT

NEWARK, N.J. – Prudential Financial, Inc. (NYSE:PRU) today announced that it had priced a private placement pursuant to Rule 144A under the Securities Act of 1933, as amended, of $2.0 billion aggregate principal amount of convertible senior notes due 2036. The initial purchasers also have an option to purchase an additional $300 million aggregate principal amount of the convertible notes solely to cover their overallotments. The sale of the convertible notes is expected to close on December 12, 2006, subject to customary closing conditions.
December 07, 2007

PRUDENTIAL FINANCIAL, INC. ANNOUNCES $2.0 BILLION OFFERING OF CONVERTIBLE DEBT

NEWARK, N.J. – Prudential Financial, Inc. (NYSE:PRU) today announced the offering of $2.0 billion aggregate principal amount of convertible senior notes due 2036 pursuant to Rule 144A under the Securities Act of 1933, as amended. Prudential Financial has granted the initial purchaser of the convertible notes an overallotment option to purchase up to an additional $300 million aggregate principal amount of the convertible notes.