CALCULATION OF REGISTRATION FEE
| Title of Each Class of Securities Offered | Maximum Aggregate Offering |
Amount of Registration Fee(2) | ||||
| 6.050% Internotes® Due July 15, 2012 |
$ | 4,320,000 | $ | 462.24 | ||
| 6.500% Internotes® Due July 15, 2021 |
$ | 14,001,000 | $ | 1,498.11 | ||
| TOTAL |
$ | 1,960.35 | ||||
| (1) | Excludes accrued interest, if any. | |
| (2) | Pursuant to Rule 457(p) under the Securities Act of 1933, as amended, registration fees were paid with respect to unsold securities that were previously registered pursuant to Registration Statement Nos. 333-123240, 333-123240-01 and 333-123240-02 and were carried forward. Prudential Financial is offsetting the $462.24 registration fee with respect to the $4,320,000 6.050% Internotes® Due July 15, 2012 and the $1,498.11 registration fee with respect to the $14,001,000 6.500% Internotes® Due July 15, 2021 offered by means of this pricing supplement against those registration fees carried forward, and $83,808.92 of the registration fees carried forward remains available for future registration fees. No additional registration fee has been paid with respect to this offering. |
Prudential Financial InterNotes®, Due One Year or More from Date of Issue
Filed under Rule 424(b)(3), Registration Statement(s) No. 333-132469, 333-132469-01 and 333-132469-02
Pricing Supplement Number 137 Dated June 30, 2006
(to Prospectus dated March 16, 2006 and Prospectus Supplement dated March 16, 2006)
Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplement.
| CUSIP Number |
Aggregate Principal |
Selling Price |
Gross Concession |
Net Proceeds |
Coupon Type |
Coupon Rate |
Coupon Frequency |
Maturity Date |
1st Coupon Date |
1st Coupon Amount |
Survivor’s Option |
Product Ranking |
Moody’s Rating |
S & P Rating | ||||||||||||||
| 74432APT1 | $4,320,000.00 | 100.000% | 1.100% | $4,272,480.00 | FIXED | 6.050% | SEMI- ANNUAL |
07/15/2012 | 01/15/2007 | $31.76 | YES | Senior Unsecured Notes |
A3 | A |
Redemption Information: Callable at 100.000% on 07/15/2007 and every interest payment date thereafter.
Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Bear, Stearns & Co., Inc., Charles Schwab & Co. Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets Services, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Financial Services Inc., Wachovia Securities, LLC
The Prudential Financial, Inc. InterNotes will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring any time on or after 07/15/2007 at a redemption price equal to 100% of the principal amount of the Prudential Financial, Inc. InterNotes, plus accrued interest thereon, if any, upon at least 30 days’ prior notice to the noteholder and the trustee, as described in the prospectus.
| CUSIP Number |
Aggregate Principal |
Selling Price |
Gross Concession |
Net Proceeds |
Coupon Type |
Coupon Rate |
Coupon Frequency |
Maturity Date |
1st Coupon Date |
1st Coupon Amount |
Survivor’s Option |
Product Ranking |
Moody’s Rating |
S & P Rating | ||||||||||||||
| 74432APU8 | $14,001,000.00 | 100.000% | 2.000% | $13,720,980.00 | FIXED | 6.500% | SEMI- ANNUAL |
07/15/2021 | 01/15/2007 | $34.13 | YES | Senior Unsecured Notes |
A3 | A |
Redemption Information: Callable at 100.000% on 07/15/2009 and every interest payment date thereafter.
Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Bear, Stearns & Co., Inc., Charles Schwab & Co. Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets Services, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Financial Services Inc., Wachovia Securities, LLC
The Prudential Financial, Inc. InterNotes will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring any time on or after 07/15/2009 at a redemption price equal to 100% of the principal amount of the Prudential Financial, Inc. InterNotes, plus accrued interest thereon, if any, upon at least 30 days’ prior notice to the noteholder and the trustee, as described in the prospectus.
| Prudential Financial, Inc. | Offering Dates: June 26, 2006 through June 30, 2006 Trade Date: Friday, June 30, 2006 @12:00 PM ET Settlement Date: Thursday, July 06, 2006
Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book Entry only |
Prudential Financial, Inc. $2,500,000,000.00 Prudential Financial Retail Medium-Term Notes, including Prudential Financial InterNotes® Prospectus dated March 16, 2006 and the Prospectus Supplement dated March 16, 2006 | ||
| DTC number: 0235 via RBC Dain Rauscher Inc. | ||||
| If the maturity date or an interest payment date for any note is not a Business Day (as defined in the Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date. | ||||
| The Prudential Financial, Inc. InterNotes will be represented by a master global note in fully registered form, without coupons. The master global note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement. | ||||
| InterNotes® is a registered trademark of Incapital Holdings LLC. All rights reserved | ||||