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NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will participate in the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020. On that day at approximately 11:20 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live webcast on Prudential Financial’s Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register and download and install any necessary software. A replay will be available on the Investor Relations website through December 23, 2020. Prudential Financial, Inc. (NYSE: PRU), a

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the domestic life/health insurance subsidiaries of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU], referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” of PFI and all existing Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group. The outlook of these Credit Ratings (ratings) is stable. (Please see link below for a detailed listing of the companies and ratings.) The ratings reflect Prudential’s balance sheet strength, which AM Best cat

NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD) and PGIM Global High Yield Fund, Inc. (NYSE: GHY) declared today monthly distributions for December 2020, January and February 2021. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change From Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 –   Month Ex-Date Record Date Payable Date December 12/10/2020 12/11/2020 12/31/2020 January 12/28/2020 12/29/2020 1/4/2021 February 2/11/2021 2/12/2021

NEWARK, N.J.--(BUSINESS WIRE)--PGIM Investments has successfully completed the initial public offering of the PGIM Short Duration High Yield Opportunities Fund (the “Fund”). The Fund raised approximately $475 million of proceeds in connection with the offering of its common shares (approximately $542 million assuming full exercise of the underwriters’ overallotment option, which may not occur) and its shares will begin trading today on the New York Stock Exchange (NYSE) under the symbol SDHY. The initial public offering of the Fund’s common shares is scheduled to close on Nov. 30, 2020, subject to customary closing conditions. PGIM Investments, LLC, the Investment Manager of the Fu

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $1.487 billion ($3.70 per Common share) for the third quarter of 2020, compared to net income of $1.418 billion ($3.44 per Common share) for the third quarter of 2019. After-tax adjusted operating income was $1.291 billion ($3.21 per Common share) for the third quarter of 2020, compared to $1.274 billion ($3.09 per Common share) for the third quarter of 2019. Consolidated adjusted operating income and adjusted book value are non-GAAP measures. These measures are discussed later in this press release under “Forward-Look