Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

October 18, 2018

Prudential Financial closes $3.2 billion in new longevity reinsurance agreements, signaling healthy growth in the U.K. pension risk transfer market

NEWARK, N.J., October 18, 2018 - Prudential Retirement®, a unit of Prudential Financial, Inc. (NYSE:PRU), has concluded $3.2 billion in previously undisclosed longevity reinsurance contracts, a further sign that pension de-risking activity in the U.K. is continuing at a brisk pace. As part of these transactions, The Prudential Insurance Company of America (PICA) assumes the longevity risk for approximately 13,200 retirees.

October 18, 2018

PGIM Investments expands ETF platform with new QMA active equity strategies

NEWARK, N.J., October 18, 2018 – PGIM Investments today launched the first of four actively managed equity exchange-traded funds (ETFs) that it plans to roll out in 2018, expanding the platform from the two actively managed fixed income ETFs launched earlier this year. Sub-advised by QMA, the quantitative equity and global multi-asset solutions manager of PGIM, the PGIM QMA Strategic Alpha Large-Cap Core ETF (NYSE Arca: PQLC) seeks long-term growth of capital by investing primarily in large-cap stocks.

October 18, 2018

PGIM Real Estate acquires Diana & Vesta office property in Amsterdam

FRANKFURT, Germany, Oct. 18, 2018 – PGIM Real Estate has acquired Diana & Vesta, a modern office property in Amsterdam, on behalf of one of its European core plus funds. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

October 17, 2018

Prudential Financial issues statement after Financial Stability Oversight Council removes SIFI label

NEWARK, N.J., October 17, 2018 - Prudential Financial, Inc. (NYSE:PRU) issued a statement after the Financial Stability Oversight Council’s decision to rescind Prudential’s designation as a nonbank systemically important financial institution. The company stated that the outcome reflects Prudential’s sustainable business model, capital strength and comprehensive risk management, which have and continue to enable the company to fulfill its promises to customers, deliver consistent performance and meet regulatory obligations.

October 16, 2018

Prudential Capital opens Mexico City office

MEXICO CITY, October 16, 2018 - Prudential Capital Group opened a new Mexico City office as it continues to build relationships with and provide long-term capital to strong companies in a wide range of industries in Latin America, the company announced today. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)

October 12, 2018

Prudential Financial, Inc. Schedules Conference Call to Discuss 2019 Financial Outlook

NEWARK, N.J., October 12, 2018 - Prudential Financial, Inc. (NYSE: PRU) will host a conference call on Thursday, December 6, 2018 at 11:00 a.m. ET, to discuss with the investment community the Company’s financial outlook for 2019 and beyond.

October 04, 2018

Prudential to oversee retirement plan for Norwegian Cruise Line Holdings Ltd.

NEWARK, N.J., October 04, 2018 - Prudential Retirement, among the industry’s largest record keepers, has been selected to oversee the 401(k) retirement plan for Norwegian Cruise Line Holdings Ltd. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE:PRU).

October 03, 2018

PGIM Real Estate's defined contribution practice expands globally and adds senior leadership

NEWARK, N.J., October 03, 2018 - As a leader in the real estate defined contribution marketplace, PGIM Real Estate continues to strengthen its defined contribution platform by promoting David Skinner to global head, hiring Sara Shean as an executive director and expanding its capabilities outside of the U.S. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).

October 01, 2018

International Paper agrees to transfer $1.6 billion in pension liabilities to Prudential Retirement

International Paper (NYSE: IP) will settle approximately $1.6 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, a subsidiary of Prudential Financial, Inc. (NYSE: PRU). As part of this agreement, Prudential will assume the responsibility for paying pension benefits to about 23,000 of International Paper’s retirees.

October 01, 2018

Prudential Financial to Announce Third Quarter 2018 Earnings; Schedules Conference Call

Prudential Financial, Inc. (NYSE: PRU) will release its third quarter 2018 earnings on Wednesday, November 7, 2018, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.