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Published on 10/12/2023 in the Prospect News Structured Products Daily.

New Issue: Jefferies sells $75,000 leveraged notes on S&P 500

By Kiku Steinfeld

Chicago, Oct. 12 – Jefferies Financial Group Inc. priced $75,000 of 0% leveraged notes due March 28, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 116.25% of the gain in the index. If the index falls by up to 30%, the payout will be par. Otherwise, investors will be fully exposed to the loss if the index falls by more than 30%.

Jefferies LLC is the agent for distribution.

Issuer:Jefferies Financial Group Inc.
Issue:Leveraged notes
Underlying index:S&P 500
Amount:$75,000
Maturity:March 28, 2028
Coupon:0%
Price:Par
Payout at maturity:Par plus 116.25% of the gain in the index; if index falls by up to 30%, par; full exposure to loss if index falls by more than 30%
Initial level:3,970.99
Threshold level:2,779.69, 70% of initial level
Pricing date:March 24, 2023
Settlement date:March 29, 2023
Agent:Jefferies LLC
Fees:3%
Cusip:47233WAP4

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