Prudential (HKG:2378, SGX:K6S) said its unit Prudential Funding (Asia) priced SG$600 million worth of 3.800% subordinated bonds due May 22, 2035.
The bonds are part of the issuer's $10 billion medium term bond program, according to a Thursday bourse disclosure.
Prudential will use the proceeds for general corporate purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.