Prudential could roll off debt after split with US operations

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Prudential could roll off debt after split with US operations

David Freitas
August 12, 2020 12:30 PM
Prudential_PA_575x375
--FILE--Interior view of an office building of British insurer Prudential in Hong Kong, China, 3 February 2016. Prudential plc is confident in China's economy and will evolve in China's open financial market, Mike Wells, chief executive of the British multinational life insurance and financial services company, told Xinhua in a recent interview. (Photo by Gcmt - Imaginechina/Sipa USA) | Imaginechina/SIPA USA/PA Images

Prudential plc confirmed this week that it intends to separate from its US arm, Jackson National. The move means Prudential will likely deleverage by letting bonds roll off over the next two years.

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David Freitas
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