Prudential plc priced an issue of USD 350,000,000 3.625% Notes due 24 March 2032 (the "Notes") under its U.S. Registered Shelf Facility on 21 March 2022. The Notes are senior, unsecured obligations of Prudential. The issuance is expected to be completed on 24 March 2022, subject to customary closing conditions.

Application will be made to list the Notes on the New York Stock Exchange. The Company intends to apply the proceeds from the sale of the Notes towards the repayment of a USD 350 million bank loan.