The Prudential Financial 5.950% Notes, with the ticker symbol PRH, are debt securities issued by Prudential Financial, Inc. The notes were issued on September 18, 2012, and are due on October 1, 2052. The notes have a face value of $25 and pay a fixed annual interest rate of 5.95% per year, which is paid quarterly.
Prudential Financial is a financial services company that offers a range of insurance, investment management, and other financial products and services to individuals, businesses, and institutions. The company has a long history of financial stability and has been in operation since 1875.
Investing in PRH can provide investors with a fixed income stream through the interest payments on the notes. However, it's important to keep in mind that investing in debt securities like PRH carries certain risks, including the possibility of default and the risk of interest rate fluctuations. Additionally, the price of PRH may fluctuate in response to changes in interest rates and other market conditions.
As with any investment, investors should carefully consider their investment goals, risk tolerance, and other factors before investing in PRH or any other security. It's also important to consult with a financial advisor to determine whether this security is a suitable investment given an individual's unique circumstances and financial goals. PRH is not listed on an exchange and is traded over the counter.
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