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Prudential Capital Group

Company Summary

Description

Prudential Capital Group is the private placement investment arm of PGIM, Inc., the global investment management business of Prudential Financial, Inc. We've been investing in private placements for more than 75 years. Prudential Capital Group manages a portfolio of more than $74 billion (as of 3/31/16) of private placements and purchases up to $12 billion, annually, in predominantly senior and subordinated debt and equity.

Website

http://borrower.prudentialcapitalgroup.com/our-com...

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Company Transactions

Date: 12/31/2017
Type: Acquisition

BUYERS:
  • CorEnergy Infrastructure Trust, Inc.
    • SELLERS:
  • Prudential Capital Group
    • ASSETS:
  • Pinedale Liquids Gathering System
    • DETAILS:

    COST: 32.8 $MM

    NOTES:
    CorEnergy reported that it has entered into a deal to acquire the remaining 18.95% equity interest in the Pinedale Liquids Gathering System from Prudential Capital Group for $32.8 million.
    REGIONS:
  • Pinedale