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Published on 11/13/2014 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Prudential plans to redeem all $750 million of 11¾% notes on Dec. 23

By Tali Rackner

Norfolk, Va., Nov. 13 – Prudential plc said it will redeem all $750 million of its 11¾% tier 1 notes on Dec. 23, according to a filing with the London Stock Exchange.

The notes will be redeemed at par plus accrued interest to the redemption date.

Prudential is a London-based retail financial services company.


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