ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

PUK Prudential Plc

19.00
0.42 (2.26%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Prudential Plc NYSE:PUK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.42 2.26% 19.00 19.115 18.87 18.98 1,114,452 22:30:00

Prudential Raises US$1 Billion via USD-Denominated Tier 2 Perpetual Bond Offering -- Term Sheet

01/06/2016 1:59am

Dow Jones News


Prudential (NYSE:PUK)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Prudential Charts.
    By Carol Chan 
 

HONG KONG--Prudential Plc (2378.HK) raised US$1 billion via a U.S. dollar-denominated tier 2 perpetual bond offering, according to a term sheet seen Wednesday by The Wall Street Journal.

The tier 2 bonds from the British multinational life insurance and financial services company carry a coupon of 5.25%, the term sheet said. The bonds are expected to be rated A3 by Moody's Investor Services, A- by S&P Global Ratings and BBB+ by Fitch Ratings, the term sheet said.

BNP Paribas, Citi, Credit Suisse, HSBC, Morgan Stanley, Standard Chartered Bank and UBS were joint bookrunners for the bond sale, the term sheet said.

Write to Carol Chan at carol.chan@wsj.com

 

(END) Dow Jones Newswires

May 31, 2016 20:44 ET (00:44 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

1 Year Prudential Chart

1 Year Prudential Chart

1 Month Prudential Chart

1 Month Prudential Chart

Your Recent History

Delayed Upgrade Clock