Prudential plans to call 6.5% perpetual subordinated notes in December

By Marisa Wong

Morgantown, W.Va., Sept. 12 – Prudential plc said it intends to redeem its $1 billion 6.5% perpetual subordinated capital securities in December.

The issuer said it will give formal notice of the redemption to noteholders.

Prudential is a life insurance and financial services company based in London.

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