Pricing Supplement Number 186 Dated July 9, 2007

CALCULATION OF REGISTRATION FEE

 

Title of Each Class of

Securities Offered

    
 

 
Maximum
Aggregate Offering

Price(1)
   
 
Amount of
Registration Fee(2)

6.000% Internotes® Due July 15, 2017

   $ 2,956,000   $ 90.75

TOTAL

         $ 90.75

(1) Excludes accrued interest, if any.
(2) A filing fee of $90.75 calculated in accordance with Rule 457(r), has been transmitted to the SEC in connection with the securities offered by means of this pricing supplement.

Prudential Financial InterNotes®, Due One Year or More from Date of Issue

Filed under Rule 424(b)(3), Registration Statement(s) No. 333-132469, 333-132469-01 and 333-132469-02

Pricing Supplement Number 186 Dated July 09, 2007

(to Prospectus dated March 16, 2006 and Prospectus Supplement dated March 16, 2006)

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

 

CUSIP

Number

 

Aggregate

Principal

Amount

 

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

74432ATQ3   $2,956,000.00   100.000%   1.500%   $2,911,660.00   FIXED   6.000%   SEMI-
ANNUAL
  07/15/2017   01/15/2008   $30.50   YES   Senior
Unsecured
Notes
  A3   A+

Redemption Information: Callable at 100.000% on 07/15/2009 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 Services, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Securities LLC, 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 any time on or after 07/15/2009 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.   

Offering Dates: July 02, 2007 through July 09, 2007

 

Trade Date: Monday, July 09, 2007 @12:00 PM ET

 

Settlement Date: Thursday, July 12, 2007

 

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

 

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

 

DTC number: 0235 via RBC Dain Rauscher Inc.

 

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 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 a registered trademark of Incapital Holdings LLC. All rights reserved

   Prudential Financial, Inc. $2,500,000,000.00 Prudential Financial Retail Medium-Term Notes, including Prudential Financial InterNotes® Prospectus dated March 16, 2006 and the Prospectus Supplement dated March 16, 2006