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Published on 10/5/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Jefferies will redeem all 5.125% senior notes due 2023 with new notes

Chicago, Oct. 5 – Jefferies Group LLC and Jefferies Group Capital Finance Inc. announced that they will use the proceeds from a new $1 billion offering of senior notes to redeem all of the outstanding 5.125% senior notes due Jan. 20, 2023, according to a press release.

Proceeds will also be used for general corporate purposes.

Jefferies is a New York-based investment bank and financial services company.


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