CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities Offered | Maximum Aggregate Offering Price (1) |
Amount of Registration Fee (2) | ||||
Floating-Rate Medium-Term Notes, Series D Due January 23, 2009 |
$ | 100,000,000 | $ | 10,700 |
(1) | Excludes accrued interest, if any. |
(2) | A filing fee of $10,700, calculated in accordance with Rule 457(r), has been transmitted to the U.S. Securities and Exchange Commission in connection with the securities offered by means of this pricing supplement. |
Filed pursuant to Rule 424(b)(3) | ||
Registration No. 333-132469 | ||
333-132469-01 333-132469-02 |
Pricing Supplement No. 9, dated January 24, 2007,
to the Prospectus, dated March 16, 2006, and
the Prospectus Supplement, dated March 16, 2006.
$100,000,000
PRUDENTIAL FINANCIAL, INC.
FLOATING-RATE MEDIUM-TERM NOTES, SERIES D
DUE JANUARY 23, 2009
The note being purchased has the following terms:
UNDERWRITERS AND PRINCIPAL AMOUNT:
Prudential Investment Management Services LLC |
$ | 100,000,000 | |
STATED MATURITY: January 23, 2009
SPECIFIED CURRENCY: U.S. dollars
principal: U.S. dollars
interest: U.S. dollars
exchange rate agent: Not applicable
ORIGINAL ISSUE DATE: January 23, 2007
ORIGINAL ISSUE PRICE: 100%
UNDERWRITERS COMMISSION: None
NET PROCEEDS TO PRUDENTIAL FINANCIAL: 100% or $100,000,000
AMORTIZING NOTE: Not applicable
ORIGINAL ISSUE DISCOUNT NOTE: Not applicable
EXTENDIBLE NOTE: Not applicable
FORM OF NOTE:
master global form only: Yes
non-global form available:
CUSIP No. 74432QAS4
REDEMPTION AND REPAYMENT: Not applicable
INTEREST RATE IS FIXED: No
INTEREST RATE IS FLOATING: Yes
Base Rate: Federal Funds Effective
Base Rate Source: FEDL01 Index (Bloomberg)
Initial Interest Rate: Not applicable
Spread, if any: 0.15%
Spread Multiplier, if any: Not applicable
Interest Reset Date(s): Daily
Interest Payment Date(s): Quarterly on each January 23, April 23, July 23 and October 23 of each year commencing April 23, 2007 and ending on the stated maturity date
Index Maturity: Not applicable
Maximum Interest Rate, if any: Not applicable
Minimum Interest Rate, if any: Not applicable
DEFEASANCE APPLIES AS FOLLOWS:
full defeasancei.e., our right to be relieved of all our obligations on the note by placing funds in trust for the investor: Yes
covenant defeasancei.e., our right to be relieved of specified provisions of the note by placing funds in trust for the investor: Yes
Supplemental Plan of Distribution
Prudential Investment Management Services LLC is an affiliate of Prudential Financial within the meaning of Rule 2720(b)(1) of the Conduct Rules of the National Association of Securities Dealers, Inc., or NASD. Rule 2720 of the Conduct Rules of the NASD imposes certain requirements when an NASD member, such as Prudential Investment Management Services LLC, distributes an affiliated companys securities. Prudential Investment Management LLC has advised Prudential Financial that this offering will comply with the applicable requirements of Rule 2720. Prudential Investment Management Services LLC will not confirm initial sales to accounts over which it exercises discretionary authority without the prior written approval of the customer.
Prudential Financial estimates that the total offering expenses will be approximately $20,000.
PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC
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