New Issue: Jefferies sells $363,000 capped buffered leveraged notes on Dow

By Kiku Steinfeld

Chicago, July 5 – Jefferies Group LLC and wholly owned subsidiary Jefferies Group Capital Finance Inc. priced $363,000 of 0% senior capped buffered leveraged notes due Dec. 28, 2023 tied to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial value, the payout at maturity will be par plus 1.5 times the gain, capped at par plus 22%.

If the index finishes flat or falls by up to 10%, the payout will be par. Investors will lose 1% for each 1% index decline beyond 10% to a minimum payout of $100 per note.

Jefferies LLC is the agent.

Issuers:	Jefferies Group LLC and Jefferies Group Capital Finance Inc.
Issue:	Senior capped buffered leveraged notes
Underlying index:	Dow Jones industrial average
Amount:	$363,000
Maturity:	Dec. 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at par plus 22%; par if index declines by up to 10%; otherwise, 1% loss for each 1% index decline beyond 10% to a minimum payout of $100 per note
Initial value:	35,753.89
Buffer value:	32,178.50; 90% of initial value
Pricing date:	Dec. 22, 2021
Settlement date:	Dec. 28, 2021
Agent:	Jefferies LLC
Fees:	0%
Cusip:	47233JHB7

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