Pricing Supplement Number 158 Dated December 26, 2006

CALCULATION OF REGISTRATION FEE

 

Title of Each Class of

Securities Offered

   Maximum
Aggregate Offering
Price(1)
   Amount of
Registration Fee(2)

5.400% Internotes® Due December 15, 2013

   $ 4,482,000    $ 479.57

5.750% Internotes® Due December 15, 2021

   $ 3,685,000    $ 394.30

5.850% Internotes® Due December 15, 2031

   $ 5,349,000    $ 572.34

TOTAL

      $ 1,446.21

(1) Excludes accrued interest, if any.
(2) A filing fee of $1,446.21 calculated in accordance with Rule 457(r), has been transmitted to the SEC in connection with the securities offered by means of this pricing supplement.

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 158 Dated December 26, 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
Amount
  

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

74432ARS1

   $4,482,000.00    100.000%   1.200%   $4,428,216.00    FIXED    5.400%   SEMI-
ANNUAL
   12/15/2013    6/15/2007    $24.90    YES    Senior
Unsecured
Notes
   A3    A

Redemption Information: Callable at 100.000% on 12/15/2007 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 Securities LLC, 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 12/15/2007 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

Amount

  

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

74432ART9

   $3,685,000.00    100.000%   2.000%   $3,611,300.00    FIXED    5.750%   SEMI-
ANNUAL
   12/15/2021    6/15/2007    $26.51    YES    Senior
Unsecured
Notes
   A3    A

Redemption Information: Callable at 100.000% on 12/15/2009 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 Securities LLC, 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 12/15/2009 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.

 

CUSIP

Number

  

Aggregate Principal

Amount

  

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

74432ARU6

   $5,349,000.00    100.00%   2.50%   $5,215,275.00    FIXED    5.85%   SEMI-
ANNUAL
   12/15/2031    6/15/2007    $26.98    YES    Senior
Unsecured
Notes
   A3    A

Redemption Information: Callable at 100.000% on 12/15/2011 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 Securities LLC, 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 12/15/2011 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: December 18, 2006 through December 26, 2006   Prudential Financial, Inc.
 

Trade Date: Tuesday, December 26, 2006 @12:00 PM ET

 

Settlement Date: Friday, December 29, 2006

 

Minimum Denomination/Increments: $1,000.00/$1,000.00

 

Initial trades settle flat and clear SDFS: DTC Book Entry only

 

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.

 

$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

   
   
   
   
  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