Pricing Supplement Number 47 Dated 01/18/2005

Filed Under Rule 424(b)(3), Registration Statement No. 333-104444, 333-104444-01 and 333-104444-02

Pricing Supplement Number 47 Dated 01/18/2005

(To: Prospectus Dated April 25, 2003 and Prospectus Supplement Dated March 25, 2004)

Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplement.

 

CUSIP
Number

    Selling
Price
     Gross
Concession
     Net Proceeds
    Coupon
Type
    Coupon
Rate
     Coupon
Frequency
    Maturity
Date
    1st Coupon
Date
    1st
Coupon
Amount
    Survivor’s
Option
    Product
Ranking
    Moody’s
Rating
    S & P
Rating

74432AFE5

    100.000 %   1.000 %   $ 2,884,860.00    FIXED    4.125 %   SEMI-
ANNUAL		    01/15/2010    07/15/2005    $ 19.94    YES    Senior
Unsecured
Notes		    A3    A-

 

Redemption Information: Non-Callable.

 

Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Bear, Stearns & Co., Inc., Charles Schwab & Co. Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Financial Services Inc., Wachovia Securities, LLC

 

CUSIP
Number

    Selling
Price
     Gross
Concession
     Net Proceeds
    Coupon
Type
    Coupon
Rate
     Coupon
Frequency
    Maturity
Date
    1st Coupon
Date
    1st
Coupon
Amount
    Survivor’s
Option
    Product
Ranking
    Moody’s
Rating
    S & P
Rating

74432AFF2

    100.000 %   1.500 %   $ 5,291,420.00    FIXED    5.150 %   SEMI-
ANNUAL		    01/15/2015    07/15/2005    $ 24.89    YES    Senior
Unsecured
Notes		    A3    A-

 

Redemption Information: Callable at 100.000% on 01/15/2007 and every interest payment date thereafter.

 

Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Bear, Stearns & Co., Inc., Charles Schwab & Co. Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Financial Services Inc., Wachovia Securities, LLC The Prudential Financial, Inc. InterNotes will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring 01/15/2007 and on every interest payment date thereafter at a redemption price equal to 100% of the principal amount of the Prudential Financial, Inc. InterNotes, plus accrued interest thereon, if any, upon at least 30 days’ prior notice to the noteholder and the trustee, as described in the prospectus.

 

CUSIP
Number

    Selling
Price
     Gross
Concession
     Net Proceeds
    Coupon
Type
    Coupon
Rate
     Coupon
Frequency
    Maturity
Date
    1st Coupon
Date
    1st
Coupon
Amount
    Survivor’s
Option
    Product
Ranking
    Moody’s
Rating
    S & P
Rating

74432AFG0

    100.000 %   2.500 %   $ 10,499,775.00    FIXED    5.600 %   SEMI-
ANNUAL		    01/15/2025    07/15/2005    $ 27.07    YES    Senior
Unsecured
Notes		    A3    A-

 

Redemption Information: Callable at 100.000% on 01/15/2010 and every interest payment date thereafter.

 

Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Bear, Stearns & Co., Inc., Charles Schwab & Co. Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Financial Services Inc., Wachovia Securities, LLC The Prudential Financial, Inc. InterNotes will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring 01/15/2010 and on every interest payment date thereafter at a redemption price equal to 100% of the principal amount of the Prudential Financial, Inc. InterNotes, plus accrued interest thereon, if any, upon at least 30 days’ prior notice to the noteholder and the trustee, as described in the prospectus.

 

Prudential Financial, Inc. 751 Broad Street

 

Newark NJ 07102

   

Trade Date: Tuesday, January 18, 2005 @12:00 PM ET

Settle Date: Friday, January 21, 2005

 

Minimum Denomination/Increments: $1,000.00/$1,000.00

Initial trades settle flat and clear SDFS: DTC Book Entry only

 

DTC number: 0443 via Pershing, LLC

 

If the maturity date or an interest payment date for any note is not a Business Day (as defined in the Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date.

 

The Prudential Financial, Inc. InterNotes will be represented by a single master global note in fully registered form, without coupons. The master global note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement.

 

InterNotes® is the trademark of INCAPITAL, LLC. All rights reserved

   

Prudential Financial, Inc.

$1,000,000,000.00 Prudential Financial, Inc. InterNotes®

 

Prospectus Dated 25-Apr-03 and Prospectus

Supplement Dated: 25-Mar-04