Prudential could roll off debt after split with US operations

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By David Freitas
12 Aug 2020

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.

Prudential said on Tuesday that it would float Jackson in a minority IPO in the first half of next year, before gradually selling its remaining stake in the US company. 

Given that it demerged from its UK operations, M&G, in 2019, Prudential is now ...

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