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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

Final Pricing Supplement No. 4 - Dated Monday, September 9, 2024. 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

 74432BAF5

   $6,115,000.00    100.000%   1.250%   $6,038,562.50    Fixed    4.000%   Semi-Annual    09/15/2029    03/15/2025    $20.33    Yes     Senior Unsecured Notes 

 

We will pay you interest on the notes on a Semi-Annual basis on Mar 15th and Sep 15th. The first such payment will be made on Mar 15, 2025. 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: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors

 

 

Offering Date: Tuesday, September 3, 2024 through Monday, September 9, 2024

  

Prudential Financial, Inc.

Trade Date: Monday, September 9, 2024 @ 12:00 PM ET

  

Prudential Financial Internotes®

Settle Date: Thursday, September 12, 2024

  

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

  

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-52 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.

In the opinion of John M. Cafiero, as counsel to Prudential Financial, Inc. (the Company), when the notes offered by this pricing supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture, and delivered against payment as contemplated herein, such notes will be valid and binding obligations of the Company, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability related to affecting creditors’ rights and to general equity principles. This opinion is given as of the date hereof and is limited to the laws of New Jersey and New York. In addition, this opinion is subject to customary assumptions about the trustee’s authorization, execution and delivery of the indenture and the genuineness of signatures and to such counsel’s reliance on officers of the Company and other sources as to certain factual matters, all as stated in the opinion of John M. Cafiero, dated August 5, 2024, filed in the Company’s Current Report on Form 8-K dated August 5, 2024 and incorporated by reference as Exhibit 5.2 to the Company’s registration statement on Form 3-ASR (File No. 333-277590).

InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.

0001137774333-277590424B2EX-FILING FEESfalseSenior Unsecured Notes10.0001476 0001137774 2024-09-10 2024-09-10 0001137774 1 2024-09-10 2024-09-10 iso4217:USD xbrli:pure xbrli:shares
Exhibit 107
Calculation of Filing Fee Table
FORM S-3
(Form Type)
Prudential Financial, Inc.
(Exact name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities and Carry Forward Securities
 
                         
    
Security
Type
 
Security
Class
Title
 
Fee
Calculation
or Carry
Forward
Rule
 
Amount
Registered
 
Proposed
Maximum
Offering
Price Per
Unit
 
Maximum
Aggregate
Offering
Price
 
Fee
Rate
 
Amount of
 Registration 
Fee
 
Carry
 Forward 
Form
Type
 
Carry
 Forward 
File
Number
 
Carry
Forward
Initial
Effective
Date
 
Fileing Fee
Previously
Paid In
Connection
With
Unsold
Securities
To Be
Carried
Forward
 
Newly Registered Securities
                         
Fees to be
Paid
  Debt  
Senior
Unsecured
Notes
  457(r)   $6,115,000  
100
.00%
  $6,115,000  
$
147.60
per
$1 million
  $902.57          
                         
Fees
Previously
Paid
                         
 
Carry Forward Securities
                         
Carry
Forward
Securities
                       
                   
    Total Offering Amounts      $6,115,000     $902.57          
                   
    Total Fees Previously Paid                   
                   
    Total Fees Offsets                   
                   
    Net Fee Due                $902.57                
The prospectus supplement to which this exhibit is attached is a final prospectus for the related offering. The maximum amount of that offering is $6,115,000.
v3.24.2.u1
Submission
Sep. 10, 2024
Submission [Line Items]  
Central Index Key 0001137774
Registrant Name Prudential Financial, Inc.
Registration File Number 333-277590
Form Type S-3
Submission Type 424B2
Fee Exhibit Type EX-FILING FEES
v3.24.2.u1
Offerings - Offering: 1
Sep. 10, 2024
USD ($)
shares
Offering:  
Fee Previously Paid false
Rule 457(r) true
Security Type Debt
Security Class Title Senior Unsecured Notes
Amount Registered | shares 6,115,000
Proposed Maximum Offering Price per Unit 1
Maximum Aggregate Offering Price $ 6,115,000
Fee Rate 0.01476%
Amount of Registration Fee $ 902.57
Offering Note
The prospectus supplement to which this exhibit is attached is a final prospectus for the related offering. The maximum amount of that offering is $6,115,000.
v3.24.2.u1
Fees Summary
Sep. 10, 2024
USD ($)
Fees Summary [Line Items]  
Total Offering $ 6,115,000
Previously Paid Amount 0
Total Fee Amount 902.57
Total Offset Amount 0
Net Fee $ 902.57

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