Business
Prudential plc: Investor engagement, refinancing
Prudential plc: Investor engagement, refinancing.
About this update from Prudential Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0307Q\n Prudential PLC\n 25 October 2021\n \n \n \n \n This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States or any other jurisdiction where such distribution is prohibited by law.\n \n \n \n \n \n \n \n \n 25 October 2021 \n \n \n \n \n \n \n \n \n Prudential plc \n \n \n \n \n \n Fixed income investor engagement and potential benchmark transaction and refinancing to redeem existing instrument\n \n \n \n \n \n \n \n \n Prudential plc (\"Prudential\") has mandated BNP Paribas, HSBC, J.P. Morgan, SMBC Nikko and Standard Chartered Bank as Joint Lead Managers to arrange a series of fixed income investor calls commencing on 25 October 2021. A benchmark USD-denominated transaction will follow, subject to market conditions. \n \n \n \n \n \n The use of proceeds for such a transaction would be general corporate purposes including the planned redemption of Prudential's US$725 million 4.375% Undated Tier 2 Notes (ISIN: XS1488414464).\n \n \n \n \n \n \n \n \n Notes to Editors\n \n \n \n \n \n Enquiries:\n \n \n \n \n \n \n Media \n \n Investors/Analysts \n \n \n Addy Frederick +44 (0)20 3977 9399 Patrick Bowes +44 (0)20 3977 9702\n \n \n Ping Ping Tan +65 9845 8904 William Elderkin +44 (0)20 3977 9215\n \n \n \n \n \n About Prudential plc Prudential plc provides life and health insurance and asset management, with a focus on Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to save for their goals. The business has more than 17 million life customers in Asia and Africa and is listed on stock exchanges in London, Hong Kong, Singapore and New York. Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.&...