Prudential Financial 4.125% Junior.. (PFH)

Prudential Financial Inc 4.125% Junior Subordinated Notes with the symbol NYSE:PFH are issued as part of a corporate asset-backed agreement by the Corporate Asset Backed Corp Trust. They come with a fixed interest rate of 4.125% and are subordinate to other debt obligations of the company.

These notes offer investors an opportunity to invest in Prudential Financial Inc at a coupon rate of 4.125%, providing a steady stream of income. They are listed on the New York Stock Exchange under the symbol PFH, making them easily tradeable in the secondary market.

Furthermore, it is important to note that Junior Subordinated Notes rank lower in priority compared to other debt instruments in the event of liquidation. The presence of a trustee offers an additional layer of security for investors involved in this asset-backed venture.