COVID Stimulus Watch Individual Entry

Recipient Company:
PRICOA GLOBAL FUNDING 1
Loan or Loan Guarantee Amount:
$3,201,450

Recipient Details

Ownership Structure: publicly traded (ticker symbol PRU)

Award Details

Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Prudential Financial
Headquartered in: New Jersey
Parent Sector: financial services
Parent Industry: insurance
Employees (prior to pandemic): 51,511

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $61,634,342
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $9,000
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $82,742,361
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 136 to 1
CEO Compensation: $15,132,939
Worker Median Pay: $111,499
Tax icon
Total Federal, State, and Local Subsidies: $445,855,111
Federal Corporate Income Tax Rate: -14.6%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources