Pru banks turn to retail for $5.4bn hybrid sale
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
FIG

Pru banks turn to retail for $5.4bn hybrid sale

pru.jpg

Retail investors and not just institutional buyers could be targeted by underwriters selling down their portion of $5.4bn of hybrid debt to be issued by Prudential later this year, said sources close to the financing. The Pru had said on Monday that the bonds would be targeted at institutional investors.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article