New Issue: Jefferies prices $500,000 buffered leveraged notes linked to S&P

By Angela McDaniels

Tacoma, Wash., Oct. 24 – Jefferies Group LLC and Jefferies Group Capital Finance Inc. priced $500,000 of 0% senior buffered leveraged notes due March 27, 2028 linked to the S&P 500 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 1.2 times the index return. If the index finishes below its initial level but at or above 80% of its initial level, the payout will be par. Investors will lose 1% for each 1% that the index declines beyond 20%.

Jefferies LLC is the agent.

Issuers:	Jefferies Group LLC and Jefferies Group Capital Finance Inc.
Issue:	Senior buffered leveraged notes
Underlying index:	S&P 500 index
Amount:	$500,000
Maturity:	March 27, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.2 times any index gain; par if index declines by up to 20%; otherwise, 1% loss for each 1% index decline beyond 20%
Initial level:	3,693.23
Buffer level:	2,954.58, 80% of initial level
Pricing date:	Sept. 23, 2022
Settlement date:	Sept. 27, 2022
Agent:	Jefferies LLC
Fees:	0%
Cusip:	47233JKH0

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