New Issue - Pricoa sells $300 mln in floaters

Aug 27 (Reuters) - Pricoa Global Funding I, a unit of the
U.S. insurer Prudential Financial Inc (PRU.N: Quote, Profile, Research, Stock Buzz), on Wednesday
sold $300 million of floating-rate notes in the 144a private
placement market, said market sources.

Credit Suisse was the sole bookrunning manager for the
sale.
BORROWER: PRICOA GLOBAL FUNDING I
AMT $300 MLN COUPON SEE NOTE* MATURITY 9/25/2009
TYPE FRN ISS PRICE 100 FIRST PAY 9/25/2008
MOODY'S Aa3 YIELD N/A SETTLEMENT 9/3/2008
S&P DOUBLE-A SPREAD N/A PAY FREQ QUARTERLY
FITCH N/A NON-CALLABLE
COUPON NOTE: 1-MONTH LIBOR PLUS 37 BPS FOR FIRST COUPON PERIOD
AND 3-MONTH LIBOR PLUS 37 BPS FOR ALL SUBSEQUENT COUPON
PERIODS.