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Published on 4/19/2024 in the Prospect News Structured Products Daily.

New Issue: Jefferies prices $458,000 capped dual directional notes on Nasdaq

Chicago, April 19 – Jefferies Financial Group Inc. priced $458,000 of 0% capped dual directional notes due Jan. 23, 2026 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the index return, capped at par plus 27.5%.

The payout will be par plus the absolute value of the index return if the index declines by no more than 25%.

Otherwise, investors will lose 1% for every 1% that the index declines.

Jefferies LLC is the agent.

Issuer:Jefferies Financial Group Inc.
Issue:Capped dual directional notes
Underlying index:Nasdaq-100 index
Amount:$458,000
Maturity:Jan. 23, 2026
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus index return, capped at par plus 27.5%; par plus absolute value of index return if index declines by no more than 25%; otherwise, 1% loss for every 1% that index declines
Initial level:17,314
Threshold level:12,985.50, 75% of initial level
Pricing date:Jan. 19
Settlement date:Jan. 24
Agent:Jefferies LLC
Fees:0%
Cusip:47233WCX5

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