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Prudential Financial files automatic shelf registration
By Devika Patel
Knoxville, Tenn., March 11 - Prudential Financial, Inc. and its subsidiaries jointly filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.
The registration for the parent covers debt securities, common stock, preferred stock, warrants, stock purchase contracts, depository shares and units.
The registration for the subsidiaries covers preferred securities guaranteed by the parent.
The securities may be structured as convertibles.
Proceeds will be used for general corporate purposes or as set forth in the applicable prospectus supplement.
Prudential is a Newark, N.J.-based provider of financial products and services.
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