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FWP Filing
Jefferies Financial (JEF) FWPFree writing prospectus
Filed: 11 Apr 24, 4:35pm
Issuer: | Jefferies Financial Group Inc. |
Issue: | 6.200% Senior Notes due 2034 (the “Notes”) |
Security Type: | Senior Unsecured Fixed Rate Notes |
Anticipated Ratings (Moody’s/S&P/Fitch): | Baa2 (Stable) / BBB (Stable) / BBB+ (Stable)* |
Principal Amount: | $1,500,000,000 |
Trade Date: | April 11, 2024 |
Settlement Date: | April 16, 2024 (T+3) |
Final Maturity: | April 14, 2034 |
Interest Payment Dates: | Semi-annually on April 14 and October 14, commencing on October 14, 2024 |
Benchmark Treasury: | 4.000% UST due February 15, 2034 |
Spread to Benchmark: | T+165 basis points |
Treasury Strike: | 95-16 |
Treasury Yield to Maturity: | 4.572% |
Coupon: | 6.200% |
Yield to Maturity: | 6.222% |
Public Offering Price: | 99.839% of principal amount |
Underwriting Discount: | 0.450% |
Net Proceeds, Before Expenses: | $1,490,835,000 |
Day Count Convention: | 30/360 |
Make-Whole Call Payment: | Prior to January 14, 2034 (three months prior to the maturity date of the Notes), UST +25 basis points |
Par Call Payment: | On or after January 14, 2034, at 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to the redemption date |
Minimum Denominations: | $1,000 and integral multiples of $1,000 in excess thereof |
CUSIP: | 47233W EJ4 |
ISIN: | US47233WEJ45 |
Sole Global Co-ordinator: | Jefferies LLC |
Joint Book-Runners: | Jefferies LLC SMBC Nikko Securities America, Inc. |
Senior Co-Managers: | BNY Mellon Capital Markets, LLC Citigroup Global Markets Inc. HSBC Securities (USA) Inc. |
Co-Managers: | AmeriVet Securities, Inc. Huntington Securities, Inc. M&T Securities, Inc. U.S. Bancorp Investments, Inc. |