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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 11/1/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Prudential to use new issue to redeem 4.375% undated tier 2 notes

Chicago, Nov. 1 – Prudential plc announced that it will use the proceeds from a new offering of $1 billion of subordinated notes to redeem its $725 million 4.375% undated tier 2 notes (ISIN: XS1488414464), according to multiple announcements.

Prudential provides life and health insurance and asset management.


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