Commentary & Deal Flow

Final Books >€2.9bn. Peak book >€2.9bn

Launched: 7yr: €850m @ MS+155bp - Books above €2.8bn
IPTs: 7yr: MS+175a

• Issuer: Jefferies Financial Group Inc.
• Ticker: JEF
• LEI: 549300HOF34RGOJ5YL07
• Issuer Ratings: Baa2/BBB/BBB+ (Moody's/S&P/Fitch)
• Expected Issue Ratings: Baa2/BBB/BBB+ (Moody's/S&P/Fitch)
• Tenor: 7-year
• Size: €850m
• Format: SEC Registered
• Ranking: Senior Unsecured Note
• Settlement: 15-Jul-26 (T+5)
• Maturity Date: 15-Jul-33
• Coupon: Fixed, annual, ACT/ACT (ICMA)
• Benchmark: DBR 2.3% 15-Feb-33 / HR 101%
• Documentation: The Issuer has filed a registration statement with the SEC for the offering, a Preliminary Prospectus Supplement dated 07-Jul-26 and a Prospectus dated 11-May-26
• Optional Redemption: Tax Call Event Only
• Use of Proceeds: General Corporate Purposes
• Governing Law: New York
• Listing (expected): Euronext Dublin (GEM)
• Denominations: €100,000 x €1,000
• ISIN / Common Code: XS3435704575 / 343570457
• Clearing: Euroclear / Clearstream, Luxembourg
• Sole Global Coordinator: Jefferies (B&D)
• Joint Active Book-Runners: Citigroup, Jefferies, Natixis, Santander, SMBC, Societe Generale
• Stabilization: Relevant stabilization regulations, including FCA/ICMA stabilization, apply
• Target Market / EEA PRIIPs / UK CCI: MiFID II and UK MiFIR professionals/ECPs-only. No EEA PRIIPs KID or UK CCI product summary as not available to retail in the EEA or UK
• Hedge Deadline: 14:45 LDN / 09:45 NY
• Timing: Books open, today’s business