Form 424B2 - Prospectus [Rule 424(b)(2)]

 

		Prudential Financial InterNotes®, Due Six Months or More from Date of Issue Filed under Rule 424(b)(2), Registration Statement No. 333-277590 Final Pricing Supplement No. 12 - Dated Monday,  December 16, 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

74432BAP3

$3,327,000.00

100.000%

1.250%

$3,285,412.50

Fixed

4.300%

Semi-Annual

12/15/2029

06/15/2025

$21.02

Yes

Senior Unsecured Notes

We will pay you interest on the notes on a Semi-Annual basis on Jun 15th and Dec 15th. The first such payment will be made on Jun 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 / Merrill Lynch, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors

 

Offering Date: Monday, December 9, 2024 through Monday, December 16, 2024		Prudential Financial, Inc.
Trade Date: Monday, December 16, 2024 @ 12:00 PM ET		Prudential Financial Internotes®
Settle Date: Thursday, December 19, 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.   In the opinion of John M. Cafiero, as counsel to Prudential Financial, Inc. (the Company), when the notes offered by this pricing supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture, and delivered against payment as contemplated herein, such notes will be valid and binding obligations of the Company, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability related to affecting creditors’ rights and to general equity principles. This opinion is given as of the date hereof and is limited to the laws of New Jersey and New York. In addition, this opinion is subject to customary assumptions about the trustee’s authorization, execution and delivery of the indenture and the genuineness of signatures and to such counsel’s reliance on officers of the Compan and other sources as to certain factual matters, all as stated in the opinion of John M. Cafiero, dated August 5, 2024, filed in the Company’s Current Report on Form 8-K dated August 5, 2024 and incorporated by reference as Exhibit 5.2 to the Company’s registration statement on Form 3-ASR (File No. 333-277590).   InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.

 

Exhibit 107

Calculation of Filing Fee Table

FORM

S-3

(Form Type)

Prudential Financial, Inc.

(Exact name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities and Carry Forward Securities

 

		Security  Type		Security   Class Title		Fee  Calculation  or Carry  Forward  Rule		Amount   Registered		Proposed  Maximum  Offering  Price Per  Unit		Maximum  Aggregate  Offering  Price		Fee Rate		Amount of  Registration  Fee		Carry  Forward  Form  Type		Carry  Forward  File  Number		Carry  Forward  Initial  Effective  Date		Filing Fee Previously Paid In Connection With Unsold Securities To Be Carried Forward
Newly Registered Securities
Fees to be Paid		Debt		Senior Unsecured Notes		457(r )		$ 3,327,000		100.00 %		$ 3,327,000		$ 153.10 per $1 million		$ 509.36
Fees Previously Paid		---		---		---		---		---		---				---
Carry Forward Securities
Carry Forward Securities		---		---		---		---				---						---		---		---		---
		Total Offering Amounts										$3,327,000				$509.36
		Total Fees Previously Paid														---
		Total Fees Offsets														---
		Net Fee Due														$509.36

The prospectus supplement to which this exhibit is attached is a final prospectus for the related offering. The maximum amount of that offering is $3,327,000.

 

Submission	Dec. 17, 2024
Submission [Line Items]
Central Index Key	0001137774
Registrant Name	Prudential Financial, Inc.
Registration File Number	333-277590
Form Type	S-3
Submission Type	424B2
Fee Exhibit Type	EX-FILING FEES

Offerings - Offering: 1	Dec. 17, 2024 USD ($) shares
Offering:
Fee Previously Paid	false
Rule 457(r)	true
Security Type	Debt
Security Class Title	Senior Unsecured Notes
Amount Registered | shares	3,327,000
Proposed Maximum Offering Price per Unit	1
Maximum Aggregate Offering Price	$ 3,327,000
Fee Rate	0.01531%
Amount of Registration Fee	$ 509.36
Offering Note	The prospectus supplement to which this exhibit is attached is a final prospectus for the related offering. The maximum amount of that offering is $3,327,000.

Fees Summary	Dec. 17, 2024 USD ($)
Fees Summary [Line Items]
Total Offering	$ 3,327,000
Previously Paid Amount	0
Total Fee Amount	509.36
Total Offset Amount	0
Net Fee	$ 509.36

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