Slaughter and May advised Prudential plc on the issuance of USD 750,000,000 4.875 per cent. Fixed Rate Undated Notes

Slaughter and May advised Prudential plc on the issuance of USD 750,000,000 4.875 per cent. Fixed Rate Undated Notes. The Notes are intended to qualify as Tier 2 capital under Solvency II and have been assigned a rating of A3 (hyb) by Moody's, A- by S&P and BBB+ by Fitch. The Notes have been admitted to listing on the Official List of the UK Listing Authority and to trading on the regulated market of the London Stock Exchange.

Crédit Agricole Corporate and Investment Bank, Singapore Branch, Credit Suisse (Singapore) Limited, J.P. Morgan (S.E.A.) Limited, Standard Chartered Bank, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch and UBS AG, Singapore Branch acted as joint lead managers in connection with the issuance.

Allen & Gledhill LLP advised as to matters of Singapore law.

Kevin Howes Associate
Kieran Turton Associate