CALCULATION OF REGISTRATION FEE
| Title of Each Class of Securities Offered |
Maximum Price (1) |
Amount of Registration Fee (2) | ||
| 2.62% Medium-Term Notes, Series D Due December 22, 2026 |
¥23,000,000,000 | $20,847.10 | ||
| (1) | Excludes accrued interest, if any. |
| (2) | A filing fee of $20,847.10, calculated in accordance with Rule 457(r), and based on an exchange rate of 118.05 Japanese yen per U.S. dollar as of December 19, 2006, has been transmitted to the SEC 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. 8, dated December 20, 2006,
to the Prospectus, dated March 16, 2006, and
the Prospectus Supplement, dated March 16, 2006
¥23,000,000,000
PRUDENTIAL FINANCIAL, INC.
2.62% MEDIUM-TERM NOTES, SERIES D
DUE DECEMBER 22, 2026
The note being purchased has the following terms:
UNDERWRITERS AND PRINCIPAL AMOUNT:
No Underwriters. We will sell the notes offered hereunder directly to one of our wholly owned subsidiaries organized outside of the United States. We expect to deliver the notes in book-entry form only, through the facilities of The Depositary Trust Company, New York, New York, on or about December 22, 2006. We will receive all of the proceeds of this offering.
| TOTAL |
¥ | 23,000,000,000 |
STATED MATURITY: December 22, 2026
SPECIFIED CURRENCY: Japanese yen
principal: Japanese yen
interest Japanese yen
exchange rate agent: Prudential Global Funding LLC
ORIGINAL ISSUE DATE: December 22, 2006
ORIGINAL ISSUE PRICE: 100%
UNDERWRITERS COMMISSION: Not applicable
NET PROCEEDS TO PRUDENTIAL FINANCIAL: 100% or ¥23,000,000,000
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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. 74432QAR6
REDEMPTION AND REPAYMENT: Not applicable
INTEREST RATE IS FIXED: Yes
Annual Rate: 2.62%
DEFEASANCE APPLIES AS FOLLOWS:
full defeasance—i.e., our right to be relieved of all our obligations on the note by placing funds in trust for the investor: Yes
covenant defeasance—i.e., our right to be relieved of specified provisions of the note by placing funds in trust for the investor: Yes
Use of Proceeds
We intend to use the net proceeds from the sale of the notes for the purposes of making loans to our affiliates and for other general corporate purposes.
Prudential Financial, Inc. estimates that the total offering expenses, excluding underwriting discounts and commissions paid to the underwriters, will be approximately $94,190.
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