New Issue: Jefferies sells $2.07 million buffered notes linked to S&P 500

By Kiku Steinfeld

Chicago, Oct. 26 – Jefferies Group LLC and Jefferies Group Capital Finance Inc. priced $2.07 million of 0% buffered notes due Oct. 1, 2025 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus the index return.

If the index finishes below its initial level but at or above 85% of its initial level, the payout will be par. Investors will lose 1% for each 1% index decline beyond 15%.

Jefferies LLC is the agent.

Issuers:	Jefferies Group LLC and Jefferies Group Capital Finance Inc.
Issue:	Buffered notes
Underlying index:	S&P 500 index
Amount:	$2.07 million
Maturity:	Oct. 1, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index declines by up to 15%; otherwise, 1% loss for each 1% index decline beyond 15%
Initial level:	3,351.60
Buffer level:	2,848.8, 85% of initial level
Pricing date:	Sept. 28
Settlement date:	Sept. 30
Agent:	Jefferies LLC
Fees:	3%
Cusip:	47233JDW5

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