Prudential plans to call $1 billion 6.5% perpetual subordinated notes

By Sarah Lizee

Olympia, Wash., Sept. 12 – Prudential plc intends to redeem its $1 billion of 6.5% perpetual subordinated capital securities, according to a filing with the London Stock Exchange.

The company plans to redeem the notes in December.

Prudential is a London-based life insurance and financial services company.

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