Prudential enters $4B five-year credit facility, amending and restating prior agreement

PRUDENTIAL FINANCIAL INC

New $4 billion five-year credit agreement signed July 15, 2024, amends and restates prior $4B facility.
No amounts outstanding under new or prior facility; borrowings for general corporate purposes and working capital.
Facility includes standby letters of credit and customary covenants; consolidated net worth minimum of $22.0647B.
Borrowings not contingent on credit ratings or subject to material adverse change clauses.

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