0001193125-24-202781.txt : 20240819 0001193125-24-202781.hdr.sgml : 20240819 20240819152839 ACCESSION NUMBER: 0001193125-24-202781 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240819 DATE AS OF CHANGE: 20240819 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL FINANCIAL INC CENTRAL INDEX KEY: 0001137774 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] ORGANIZATION NAME: 02 Finance IRS NUMBER: 223703799 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B2 SEC ACT: 1933 Act SEC FILE NUMBER: 333-277590 FILM NUMBER: 241220175 BUSINESS ADDRESS: STREET 1: 751 BROAD ST CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 9738026000 MAIL ADDRESS: STREET 1: 751 BROAD ST CITY: NEWARK STATE: NJ ZIP: 07102 424B2 1 d889718d424b2.htm 424B2 424B2

This pricing supplement, which is not complete, relates to an automatically effective Registration Statement under the Securities Act of 1933, as amended. We may not sell the notes until we deliver a final pricing supplement. This pricing supplement and the accompanying prospectus supplement and prospectus are not an offer to sell these notes in any jurisdiction where such an offer would not be permitted.

Subject to completion, dated August 19, 2024

 

LOGO   

Prudential Financial InterNotes® , Due Six Months or More from Date of Issue

Filed under Rule 424(b)(2), Registration Statement No. 333-277590

Preliminary Pricing Supplement No. 2 - Dated Monday, August 19, 2024. To Prospectus Dated March 1, 2024 and Prospectus Supplement dated August 5, 2024

Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplement.

 

CUSIP
Number
   Aggregate
Principal Amount
  Selling
Price
  Gross
Concession
  Net
Proceeds
  Interest
Type
   Interest
Rate
  Payment
Frequency
   Maturity
Date
  

1st Interest

Payment
Date

  

1st Interest

Payment
Amount

   Survivor’s
Option*
  

Product

Ranking

 74432BAD0

   []   100.000%   1.250%   []   Fixed    4.200%   Semi-Annual    08/15/2029    02/15/2025    $19.37    Yes    Senior Unsecured Notes 

 

We will pay you interest on the notes on a Semi-Annual basis on Feb 15th and Aug 15th. The first such payment will be made on Feb 15, 2025. The interest rate per annum and stated maturity date are set out above. The regular record dates for your notes are each business day preceding each date on which interest is paid.

 

Any notes sold by the selling agents to securities dealers, or by securities dealers to certain other brokers or dealers, may be sold at a discount from the initial selling price up to 0.6000% of the principal amount.

 

Redemption Information: Non-Callable

 

Purchasing Agent: InspereX LLC Agents: BofA Securities, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors

 

 

Offering Date: Monday, August 19, 2024 through Monday, August 26, 2024

  

Prudential Financial, Inc.

Trade Date: Monday, August 26, 2024 @ 12:00 PM ET

  

Prudential Financial Internotes®

Settle Date: Thursday, August 29, 2024

  

Prospectus Dated March 1, 2024 and

Minimum Denomination/Increments: $1,000.00/$1,000.00

  

Prospectus Supplement Dated August 5, 2024

Initial trades settle flat and clear SDFS: DTC Book-Entry only

  

DTC Number 0235 via RBC Dain Rauscher Inc.

  

If the maturity date, redemption date or an interest payment date for any note is not a business day (as that term is defined in the prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date, redemption date or interest payment date (following unadjusted business day convention).

* The survivor’s option feature of your note is subject to important limitations, restrictions and procedural requirements further described on page S-52 of your prospectus supplement.

The Bank of New York will act as trustee for the Notes. Citibank, N.A., will act as paying agent, registrar and transfer agent for the Notes and will administer any survivor’s options with respect thereto.

InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.

 

GRAPHIC 2 g889718g0819230355356.jpg GRAPHIC begin 644 g889718g0819230355356.jpg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