Form 424B2 - Prospectus [Rule 424(b)(2)]
September 04 2024 - 2:36PM
Edgar (US Regulatory)
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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. 3 - Dated Tuesday,
September 3, 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. |
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CUSIP Number |
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Aggregate Principal Amount |
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Selling Price |
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Gross Concession |
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Net
Proceeds |
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Interest Type |
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Interest Rate |
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Payment Frequency |
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Maturity Date |
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1st Interest
Payment Date |
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1st Interest
Payment Amount |
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Survivors Option* |
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Product
Ranking |
74432BAE8 |
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$4,487,000.00 |
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100.000% |
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1.250% |
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$4,430,912.50 |
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Fixed |
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4.050% |
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Semi-Annual |
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09/15/2029 |
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03/15/2025 |
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$21.26 |
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Yes |
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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 |
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Offering Date: Monday, August 26, 2024 through Tuesday, September 3, 2024 |
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Prudential Financial, Inc. |
Trade Date: Tuesday, September 3, 2024 @ 12:00 PM ET |
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Prudential Financial Internotes® |
Settle Date: Friday, September 6, 2024 |
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Prospectus Dated March 1, 2024 and |
Minimum Denomination/Increments: $1,000.00/$1,000.00 |
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Prospectus Supplement Dated August 5, 2024 |
Initial trades settle flat and clear SDFS: DTC Book-Entry only |
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DTC Number 0235 via RBC Dain Rauscher Inc. |
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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 survivors option feature of your note is subject to important limitations, restrictions and procedural
requirements further described on page S-52 of your prospectus supplement. |
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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 survivors 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 trustees authorization, execution and delivery of the indenture and the genuineness of signatures and to such
counsels reliance on officers of the Compan 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 Companys Current Report on Form 8-K dated August 5, 2024 and
incorporated by reference as Exhibit 5.2 to the Companys registration statement on Form 3-ASR (File No. 333-277590).
InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.
0001137774424B2EX-FILING FEES333-277590falseSenior Unsecured Notes10.00014760 0001137774 2024-09-04 2024-09-04 0001137774 1 2024-09-04 2024-09-04 iso4217:USD xbrli:pure xbrli:shares
Calculation of Filing Fee Tables
(Form Type)
Prudential Financial, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
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Security Type |
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Security Class Title |
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Fee Calculation or Carry Forward Rule |
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Amount Registered |
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Proposed Maximum Offering Price Per Unit |
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Maximum Aggregate Offering Price |
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Fee Rate |
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Amount of Registration Fee |
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Carry
Forward Form Type |
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Carry Forward File Number |
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Carry Forward Initial effective date |
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Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward |
Newly Registered Securities |
Paid |
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Debt |
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Senior Unsecured Notes |
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457(r) |
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$ 4,487,000 |
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100.00 % |
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$ 4,487,000 |
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$ 147.60 per $1 million |
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$662.28 |
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Fees Previously Paid |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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Carry Forward Securities |
Carry Forward Securities |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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Total Offering Amounts |
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$4,487,000 |
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$662.28 |
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Total Fees Previously Paid |
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— |
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Total Fee Offsets |
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— |
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Net Fee Due |
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$662.28 |
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The prospectus supplement to which this exhibit is attached is a final prospectus for the related offering. The maximum amount of that offering is $4,487,000.
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