Prudential News

Here is a selection of the latest news from Prudential. For more information from Corporate Public Relations at Prudential, please call (973) 802-4757, or view our contact information.

06 February 2012

Prudential Financial, Inc. to Participate in the 2012 Credit Suisse Financial Services Forum; Live Webcast Available

NEWARK, N.J., February 06, 2012 - Prudential Financial, Inc. (NYSE: PRU) announced today that it will participate in the 2012 Credit Suisse Financial Services Forum in Miami on Friday, February 10, 2012. On that day at approximately 8:45 a.m. (ET) Mark Grier, Prudential Financial, Inc.’s Vice Chairman, will discuss the company’s businesses and strategies. (more)
02 February 2012

Prudential Fixed Income closes new $304.8 million CLO

NEWARK, N.J., February 02, 2012 - Prudential Fixed Income has closed Dryden XXII, its most recent collateralized loan obligation at $304.8 million, the company said today. Most of Dryden XXII will be owned by third-party investors, unlike many of the transactions the market has seen since the financial crisis in which the manager retains significant portions of equity or debt. (more)
01 February 2012

Senior Management, Boards, Finance More Involved in Benefits Decisions

NEWARK, N.J., February 01, 2012 - As the benefits decision-making process continues to gain importance in corporate America, there is growing trend of senior management, boards of directors and finance/treasury, as well as human resources increasingly becoming involved in, or making these decisions. A Changing Benefits Landscape, the third in a series of research briefs stemming from Prudential’s Sixth Annual Study of Employee Benefits: Today & Beyond, found that 40% of plan sponsors say the employee benefits decision-making process in their company has changed to some extent over the past five years, demonstrating increased attention to the bottom line impact of benefits. (more)
31 January 2012

Prudential Capital Group reaches $10 billion in annual originations

CHICAGO, January 31, 2012 - Prudential Capital Group, a source of private capital for middle-market, public and private companies, expects to have more than $10 billion to invest in 2012, after reaching that amount in 2011, the company announced today. The company also announced that it will be opening a new office in Minneapolis, along with a series of executive changes that position its U.S. regional corporate finance platform for expansion. (more)
31 January 2012

Prudential Retirement starts year strong with three new plan sponsor clients

NEWARK, N.J., January 31, 2012 - Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), today announced three new plan sponsor clients. (more)