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Published on 5/12/2023 in the Prospect News Structured Products Daily.

New Issue: Jefferies prices $277,000 capped buffered leveraged notes linked to Russell

Chicago, April 17 – Jefferies Group LLC and Jefferies Group Capital Finance Inc. priced $277,000 of 0% senior capped buffered leveraged notes due Dec. 20, 2023 tied to the Russell 2000 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 1.5 times the index return, subject to a maximum payout of par plus 23%.

If the index finishes below its initial level but at or above 90% of its initial level, the payout will be par. Investors will lose 1% for each 1% index decline beyond 10%.

Jefferies LLC is the agent.

Issuers:Jefferies Group LLC and Jefferies Group Capital Finance Inc.
Issue:Senior capped buffered leveraged notes
Underlying index:Russell 2000 index
Amount:$277,000
Maturity:Dec. 20, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any index gain, capped at par plus 23%; par if index declines by up to 10%; otherwise, 1% loss for each 1% index decline beyond 10%
Initial level:1,665.694
Buffer level:1,499.125; 90% of initial level
Pricing date:June 17, 2022
Settlement date:June 23, 2022
Agent:Jefferies LLC
Fees:0%
Cusip:47233JJQ2

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