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Prospect News home > News index > List of issuers P > Headlines for Prudential Financial Inc. > News item |
Fitch gives Prudential Financial notes BBB-
Fitch Ratings said it assigned a BBB- rating to $1 billion of junior subordinated notes issued by Prudential Financial, Inc.
In addition, the agency affirmed all existing ratings.
The outlook is positive.
The rating assigned to the new junior subordinated notes is equivalent to the ratings assigned to Prudential’s existing junior subordinated notes, and reflects standard notching for a hybrid with its risk characteristics.
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