Jefferies Financial Group Inc. (NYSE: JEF) (“JFG”, “we” or “our”) today announced the pricing of its public offering of $1 billion aggregate principal amount of 5.875% Senior Notes due 2028 (the “Notes”) with an effective yield of 6.007%, maturing July 21, 2028. The offering is expected to settle on July 21, 2023, subject to the satisfaction of customary closing conditions.
JFG intends to use the net proceeds of the offering for general corporate purposes, which may include the refinancing of its 1.000% Euro Medium Term Notes due July 19, 2024. Jefferies LLC served as lead book-runner for the offering of the Notes, SMBC Nikko Securities America, Inc. served as joint book-runner, BNY Mellon Capital Markets, LLC, HSBC Securities (USA) Inc. and Natixis Securities Americas LLC served as senior co-managers and Citigroup Global Markets Inc., Santander US Capital Markets LLC, Standard Chartered Bank, U.S. Bancorp Investments, Inc., AmeriVet Securities, Inc. and Academy Securities, Inc. served as co-managers.
The offering of the Notes is being made pursuant to an effective shelf registration statement, base prospectus and related prospectus supplement. Copies of the prospectus supplement and the base prospectus, when available, may be obtained by contacting Jefferies LLC at toll-free (877) 877-0696, or by email at DCMProspectuses@jefferies.com; or SMBC Nikko Securities America, Inc. at toll-free (888) 868-6856, or by email at firstname.lastname@example.org. Investors may also obtain these documents for free by visiting EDGAR on the Securities and Exchange Commission's (“SEC”) website at www.sec.gov.
This press release shall 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 that provides advisory, sales and trading, research and wealth management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.
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