Published on 11/6/2023 in the Prospect News Structured Products Daily.
New Issue: Jefferies prices $7.74 million capped upside participation market-linked notes on S&P
By William Gullotti
Buffalo, N.Y., Nov. 6 – Jefferies Group LLC and Jefferies Group Capital Finance Inc. priced $7.74 million of 0% market-linked securities – upside participation to a cap and principal return at maturity due Aug. 3, 2026 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 any index gain, capped at a maximum return of par plus 26%.
Otherwise, investors will receive par.
Jefferies LLC and Wells Fargo Securities, LLC are the agents.
| Issuers: | Jefferies Group LLC and Jefferies Group Capital Finance Inc.
|
| Issue: | Market-linked securities – upside participation to a cap and principal return at maturity
|
| Underlying index: | S&P 500 index
|
| Amount: | $7,739,000
|
| Maturity: | Aug. 3, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 26%; otherwise, par
|
| Initial level: | 4,166.82
|
| Pricing date: | Oct. 30
|
| Settlement date: | Nov. 2
|
| Agents: | Jefferies LLC and Wells Fargo Securities, LLC
|
| Fees: | 3.075%
|
| Cusip: | 47233WCC1
|
|
|
© 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.
