Jefferies Financial Group Inc. (NYSE: JEF) (“JFG”, “we” or “our”) announced the pricing of its public offering of $1.5 billion aggregate principal amount of 6.200% Senior Notes due 2034 (the “Notes”) with an effective yield of 6.222%, maturing April 14, 2034. The offering is expected to settle on April 16, 2024, subject to customary closing conditions.
The net proceeds from the offering will be used for general corporate purposes. Jefferies LLC acted as the sole global coordinator and joint book-runner, while SMBC Nikko Securities America, Inc. served as the joint book-runner. BNY Mellon Capital Markets, LLC, Citigroup Global Markets Inc., and HSBC Securities (USA) Inc. acted as senior co-managers, and AmeriVet Securities, Inc., Huntington Securities, Inc., M&T Securities, Inc., and U.S. Bancorp Investments, Inc. acted as co-managers.
The offering of the Notes is made pursuant to an effective shelf registration statement, base prospectus, and related prospectus supplement. Copies of the prospectus supplement and base prospectus can be obtained from Jefferies LLC and SMBC Nikko Securities America, Inc.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Jefferies Financial Group Inc.
JFG is a leading global full-service investment banking and capital markets firm, offering advisory, sales and trading, research, and wealth management services. With over 40 offices worldwide, JFG provides insights and expertise to investors, companies, and governments.
