Prudential Insurance Co Of America, founded in 1875 and headquartered in Newark, New Jersey, serves as a leading provider of life insurance, retirement solutions, and investment products. As a subsidiary of Prudential Financial, Inc., the company aims to help clients protect their assets and achieve financial security through a range of comprehensive insurance and financial services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRU 8.30% 2025-07-01 USDPrudential Insurance Co Of America | United States | 2025-07-01 | 8.300 | 0.00 |
| PRU 8.30% 2025-07-01 USDPrudential Insurance Co Of America | United States | 2025-07-01 | 8.300 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Prudential Insurance has been a significant player in the bond market since it began issuing bonds in the early 1900s. Notably, in 2020, Prudential issued $1 billion in a senior unsecured note offering that attracted considerable investor interest, with yields competitive against industry peers. Currently, their average bond yield stands at around 3.5%, reflecting strong demand and stability. Recent news indicates Prudential is focusing on sustainable finance, with green bonds planned to fund environmentally friendly initiatives.