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Published on 4/4/2023 in the Prospect News Structured Products Daily.

New Issue: Jefferies sells $1.15 million leveraged notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 4 – Jefferies Financial Group Inc. priced $1.15 million of 0% leveraged notes due March 29, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 119% of the gain in the index. If the index falls by up to 30%, the payout will be par. Otherwise, investors will be fully exposed to the loss if the index falls by more than 30%.

Jefferies LLC is the agent for distribution.

Issuer:Jefferies Financial Group Inc.
Issue:Leveraged notes
Underlying index:S&P 500
Amount:$1,148,000
Maturity:March 29, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 119% of the gain in the index; if index falls by up to 30%, par; full exposure to loss if index falls by more than 30%
Initial level:3,970.99
Threshold level:2,779.69, 70% of initial level
Pricing date:March 24
Settlement date:March 29
Agent:Jefferies LLC
Fees:0%
Cusip:47233WAQ2

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