New Issue: Jefferies prices $4.13 million buffered digital return notes on Russell

By Wendy Van Sickle

Columbus, Ohio, March 28 – Jefferies Group LLC and Jefferies Group Capital Finance Inc. priced $4.13 million of 0% senior buffered digital return notes due May 23, 2025 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 16%.

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 buffered buffered digital return notes
Underlying index:	Russell 2000 index
Amount:	$4,125,000
Maturity:	May 23, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 16% if index gains or finishes flat; par if index declines by up to 10%; otherwise, 1% loss for each 1% index decline beyond 10%
Initial level:	2,035.707
Buffer level:	1,832.136; 90% of initial level
Pricing date:	March 19
Settlement date:	March 20
Agent:	Jefferies LLC
Fees:	0.1%
Cusip:	47233WDZ9

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.