Jefferies Group To Sell $400 Million Of Notes
June 26, 2009 (FinancialWire) — Jefferies Group, Inc. (NYSE: JEF) said it plans to sell $400 million of 8.5% senior unsecured notes due 2019. The notes were priced to yield 8.663% to maturity at a spread of 512.5 basis points over the comparable U.S. Treasury bonds.
Jefferies & Co., Citigroup Global Markets (NYSE: C) and J.P. Morgan Securities (NYSE: JPM) are the joint book-running managers of the offering.
The sale is scheduled to close on June 30.
New York-based Jefferies is a securities and investment banking firm with offices in more than 25 cities around the world. The company provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management.
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