Jefferies Financial Group, Inc. Announces the Pricing Terms of Its Tender Offer for Certain Outstanding Senior Notes

Jefferies Financial Group Inc. (NYSE:JEF) (“JFG”) today announced the pricing terms of the previously announced cash tender offer (the “Tender Offer”) for any and all $750,000,000 outstanding aggregate principal amount of its 5.5% Senior Notes due 2023 (the “Notes”). The terms of the Tender Offer are described in the Offer to Purchase, dated October 8, 2021 (the “Offer to Purchase”).

The Total Cash Payment for Notes accepted for purchase is based on the applicable reference yield plus a fixed spread, in each case as set forth in Table 1 below, and is payable to holders of Notes who validly tendered and did not validly withdraw their Notes on or before 5:00 p.m., New York City time, on October 22, 2021 (the “Early Tender Date”) and whose Notes are accepted for purchase. The Reference Yield listed in Table 1 were determined at 3:00 p.m., New York City time, on October 25, 2021 (the “Price Determination Date”) by the dealer manager (identified below). The Total Cash Payment for Notes accepted for purchase includes an early tender premium of $2.00 per $1,000 principal amount of Notes validly tendered and not validly withdrawn by such holders and accepted for purchase.

Title of Security

Principal Amount Outstanding

CUSIP Number

Reference U.S. Treasury Security

Bloomberg Reference Page/Screen

Reference Yield

Fixed Spread (basis points)

Total Cash Payment (1)(2)

5.5% Senior Notes due 2023

$750,000,000

527288BE3

0.125% UST due July 31, 2023

FIT