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Published on 7/25/2012 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Moody's confirms Prudential

Moody's Investors Service said it affirmed the Baa2 senior debt ratings of Prudential Financial, Inc. and the A2 insurance financial strength ratings of its life insurance operating subsidiaries.

The outlook remains positive.

"The affirmation of Prudential's ratings reflects the company's strong financial profile, which is driven by the company's positive earnings momentum, strong statutory capital position, and its improving financial flexibility," Moody's senior vice president Scott Robinson said in a news release


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