Chicago, Nov. 8 – Jefferies Group LLC priced $15 million of senior fixed-rate step-up callable notes due Oct. 31, 2039, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is 4% initially, stepping up to 5% on Oct. 31, 2016 and stepping up again to 6% on Oct. 31, 2033. Interest is payable semiannually.
The payout at maturity will be par.
The notes will be callable in whole or in part at par on Oct. 31, 2026 and Oct. 31, 2033.
Jefferies LLC is the agent.
| Issuer: | Jefferies Group LLC
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| Issue: | Senior fixed-rate step-up callable notes
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| Amount: | $15 million
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| Maturity: | Oct. 31, 2039
|
| Coupon: | 4% initially, stepping up to 5% on Oct. 31, 2016 and stepping up again to 6% on Oct. 31, 2033; payable semiannually
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| Price: | Par
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| Payout at maturity: | Par
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| Call option: | In whole or in part at par on Oct. 31, 2026 and Oct. 31, 2033
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| Pricing date: | Oct. 28
|
| Settlement date: | Oct. 31
|
| Agent: | Jefferies LLC
|
| Fees: | 2%
|
| Cusip: | 47233JCL0
|
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