Wednesday, December 14, 2011

<b>Prudential&#39;s</b> Jennison Seen Selling $240M Of Bank Bonds -Source

Chicago - The Loop: Prudential Plaza and AON Center
Prudential

Image by wallyg
One Prudential Plaza (left), formerly known as the Prudential Building, was built in 1955 as the the headquarters for Prudential's Mid-America company. Designed by Naess & Murphy, , a precursor to C.F. Murphy & Associates and later Murphy/Jahn Architects, it was the first new downtown skyscraper built in Chicago in 21 years, and the last building ever connected to the Chicago Tunnel Company's tunnel network. When finished the 44-story structure, facaded in vertical strips of limestone and ridged aluminum, had the highest roof in Chicago with only the statue of Ceres on the Chicago Board of Trade higher. Its mast served as a broadcasting antenna for Chicago's WGN-TV.

Two Prudential Plaza (center) was built in 1990 to the design of Steven T. Wright with the firm, Loebl, Schlossman & Hackl. The 995-foot tower was, at the time of completion, the world's second tallest reinforced concrete building. Its distinctive shape features stacked chevron setbacks on the north & south sides, a pyramidal peak rotated 45°, and an 80-foot spire. One and Two Prudential Plaza were sold in May 2006 for 0 million to BentleyForbes.

The Aon Center (right), formerly the Amoco Building and the Standard Oil Building, at 200 East Randolph Street was built in 1973 as the headquarters for the Standard Oil Company of Indiana. With 83 floors and a height of 1,136 feet (346 m), it was the tallest building in Chicago, the fourth-tallest in the world and the world's tallest marble-clad building at completion. Nicknamed "Big Stan," the 1,136-foot tall skyscraper, designed by Edward Durell Stone & Associates and Perkins & Will, was originally sheathed in 43,000 Italian Carrara marble cladding panels, which were replaced by two-inch-thick Mt. Airy granite panels at a cost of about million. When the building was sold in 2001, it officially became known as the Aon Center.


Prudential's Jennison Seen Selling 0M Of Bank Bonds -Source
Dealer banks bid competitively for the assets despite market volatility in order to help Jennison, a Prudential Financial Inc. (PRU) unit, because it is an important client they will ask to buy their own new issues in the future. ...
Read more on Wall Street Journal




Prudential Financial Has 16% LinkedIn Stake
12 (Bloomberg) -- Prudential Financial Inc., the second-largest US life insurer, reported a 15.9 percent stake in LinkedIn Corp., the largest professional-networking website. ?Shares were acquired in the ordinary course of business, and not with the ...
Read more on Bloomberg




KDC Solar Closes Million Revolving Construction Facility with Prudential ...
The transaction consisted of the private placement by Prudential Capital Group of a total of $ 70 Million of floating rate promissory notes. The note proceeds will be used for the construction of various behind-the-meter solar projects in New Jersey. ...
Read more on Sacramento Bee




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