A.M. Best Company
A.M. Best Assigns Rating to Prudential Financial, Inc.'s New Junior Subordinated Notes
Published in Hospital Business Week, July 13th, 2008
The rating assigned to the notes reflects their deeply subordinated status within the organization's capital structure. Specifically, these securities will rank junior to PFI's existing and future senior indebtedness. Given certain equity like features, including a 60-year maturity with a 30-year replacement capital...
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