Jefferies plans to price $400 million 6.5-year notes on Wednesday; investor call Tuesday

By Paul A. Harris

Portland, Ore., Oct. 6 – Jefferies Finance LLC and Jefferies Co-Issuer Corp. scheduled an investor conference call at 11 a.m. ET on Tuesday to discuss a proposed $400 million offering of 6.5-year senior notes, according to an informed source.

The deal is set to price Wednesday.

Jefferies LLC is the bookrunner for the Rule 144A only offering.

The notes become callable after three years at par plus 75% of the coupon.

The New York-based commercial finance company plans to use the proceeds for general corporate purposes.

Jefferies structures, underwrites and syndicates primarily senior secured loans to corporate borrowers.

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