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Prudential calls all $920 million outstanding 9% junior notes due 2068
By Marisa Wong
Madison, Wis., May 7 - Prudential Financial, Inc. announced that it will redeem all of its outstanding 9% junior subordinated notes due 2068 on June 15.
The notes will be redeemed at par of $25.
As of May 7, the principal amount of the junior notes outstanding is $920 million.
The financial services company is based in Newark, N.J.
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