Articles from Jefferies Financial Group Inc.
Jefferies Clients, Shareholders and Employees Contribute $10 Million to Charities Supporting Los Angeles Wildfire Relief
Jefferies announced today that it will donate $10 million to charities providing aid for first responders and the people and communities impacted by the wildfires across Los Angeles.
By Jefferies Financial Group Inc. · Via Business Wire · January 17, 2025
Today is Jefferies Doing Good Global Trading Day to Support Los Angeles Wildfire Relief Efforts
As previously announced, Jefferies will hold a Doing Good Global Trading Day today, January 16, 2025, to support organizations providing aid for first responders and those impacted by the fires.
By Jefferies Financial Group Inc. · Via Business Wire · January 16, 2025
Jefferies to Hold Global Trading Day on January 16 to Support Los Angeles Wildfire Relief Efforts
Jefferies announced today that it will hold a Global Trading Day on January 16, 2025, to raise funds for organizations supporting first responders and those impacted by the fires.
By Jefferies Financial Group Inc. · Via Business Wire · January 13, 2025
Jefferies Announces Fourth Quarter 2024 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · January 8, 2025
Jefferies to Release its Fourth-Quarter and Annual 2024 Financial Results on January 8, 2025
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its fourth-quarter and annual 2024 financial results on Wednesday, January 8, 2025 after market close.
By Jefferies Financial Group Inc. · Via Business Wire · December 18, 2024
Jefferies to Host Investor Day on October 21, 2024
As previously announced, Jefferies Financial Group Inc. (NYSEJEF) will host its annual Investor Day on Monday, October 21, 2024, at 9:00 a.m. in Manhattan. The meeting will include management presentations from Rich Handler, our Chief Executive Officer, Brian Friedman, our President, and leaders of our major businesses, as well as an opportunity to present questions to management.
By Jefferies Financial Group Inc. · Via Business Wire · September 30, 2024
Jefferies Announces Third Quarter 2024 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · September 25, 2024
Jefferies to Release its Third Quarter Financial Results on September 25, 2024
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its third quarter financial results on Wednesday, September 25, 2024 after market close.
By Jefferies Financial Group Inc. · Via Business Wire · September 11, 2024
CORRECTING and REPLACING Jefferies Financial Group Inc. to Host Annual Investor Meeting
First paragraph, first sentence of release dated September 3, 2024 should read: Jefferies Financial Group Inc. (NYSEJEF) (“Jefferies”) will host its annual Investor Meeting on Monday, October 21, 2024, at 9:00 a.m. in Manhattan.
By Jefferies Financial Group Inc. · Via Business Wire · September 5, 2024
Jefferies Announces that Toru Nakashima, President and Group CEO of SMFG, Has Been Appointed to the Jefferies Board of Directors
Jefferies Financial Group, Inc. (NYSEJEF) (“Jefferies”) today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. NYSE: SMFGNYSESMFG)
By Jefferies Financial Group Inc. · Via Business Wire · August 12, 2024
Jefferies Completes Sale of OpNet Operations to Wind Tre
Jefferies Financial Group Inc. (NYSEJEF) announced today the completion of the sale by OpNet S.p.A (the Italian wireless broadband provider formerly known as Linkem) of substantially all of OpNet’s operations to Wind Tre S.p.A. (Wind Tre), a subsidiary of CK Hutchison Group Telecom Holdings Ltd. Under the terms of the sale, which was disclosed in February 2024, Jefferies will receive net cash proceeds of approximately $317 million between the August 1, 2024 closing date and the first half of 2025. The closing of the sale will not have a meaningful net impact on our operating profit.
By Jefferies Financial Group Inc. · Via Business Wire · August 1, 2024
Jefferies Announces Second Quarter 2024 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · June 26, 2024
Jefferies to Release its Second Quarter Financial Results on June 26, 2024
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its second quarter financial results on Wednesday, June 26, 2024 after market close.
By Jefferies Financial Group Inc. · Via Business Wire · June 17, 2024
Jefferies CEO Rich Handler Sells 1.5 Million Shares of Stock
Jefferies Financial Group Inc. (NYSEJEF) announced that its Chief Executive Officer, Rich Handler, sold 1.5 million shares of Jefferies stock today at $43.50. The sale was made to facilitate the purchase of a personal boat and to pay tax obligations. For the 34 years since joining Jefferies in 1990, Mr. Handler has received approximately 70% of his compensation in the form of Jefferies shares and, except for tax purposes and charitable donations, has never sold shares. Following this sale, Mr. Handler owns on a fully diluted basis approximately 19.25 million Jefferies shares. Today’s sale represents approximately 7% of Mr. Handler’s aggregate holdings.
By Jefferies Financial Group Inc. · Via Business Wire · April 24, 2024
Jefferies Financial Group Inc. Announces Pricing of $1,500,000,000 6.200% Senior Notes Due 2034
Jefferies Financial Group Inc. (NYSEJEF) (“JFG”, “we” or “our”) today announced the pricing of its public offering of $1.5 billion aggregate principal amount of 6.200% Senior Notes due 2034 (the “Notes”) with an effective yield of 6.222%, maturing April 14, 2034. The offering is expected to settle on April 16, 2024, subject to the satisfaction of customary closing conditions.
By Jefferies Financial Group Inc. · Via Business Wire · April 11, 2024
Jefferies Financial Group Inc. Announces Pricing of €750,000,000 3.875% Fixed Rate Senior Unsecured Notes Due 2026 and €500,000,000 4.000% Fixed Rate Senior Unsecured Notes Due 2029
On April 9, 2024, Jefferies Financial Group Inc. (NYSEJEF) (“JFG”, “we” or “our”) priced €750,000,000 aggregate principal amount of 3.875% Fixed Rate Senior Unsecured Notes Due 2026 (the “2026 Notes”) and €500,000,000 aggregate principal amount of 4.000% Fixed Rate Senior Unsecured Notes Due 2029 (the “2029 Notes” and, together with the 2026 Notes, the “Notes”), each under its Euro Medium Term Note Program. The 2026 Notes will mature on April 16, 2026 and the 2029 Notes will mature on April 16, 2029. The offering of the Notes is expected to settle on April 16, 2024, subject to the satisfaction of customary closing conditions. JFG intends to use the net proceeds from the offering of the Notes for general corporate purposes.
By Jefferies Financial Group Inc. · Via Business Wire · April 11, 2024
Jefferies and SMBC Expand Strategic Alliance to Canada
Jefferies Financial Group Inc. (NYSEJEF) (“Jefferies”) and SMBC Group announced today that they have expanded their global strategic alliance to enhance collaboration on future corporate and investment banking business opportunities within the Canadian market. SMBC Group comprises Sumitomo Mitsui Financial Group, Inc. NYSE: SMFGNYSESMFG)
By Jefferies Financial Group Inc. · Via Business Wire · April 4, 2024
Jefferies Announces First Quarter 2024 Financial Results
Jefferies Financial Group Inc. (NYSEJEF)
By Jefferies Financial Group Inc. · Via Business Wire · March 27, 2024
Jefferies to Release its First Quarter Financial Results on March 27, 2024
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its first quarter financial results on Wednesday, March 27, 2024 after market close.
By Jefferies Financial Group Inc. · Via Business Wire · March 14, 2024
Jefferies Issues 2024 Sustainability Report
Jefferies Financial Group, Inc. (NYSEJEF) announced the publication of our 2024 Sustainability Report, which can be viewed here. Our report highlights how Jefferies’ team of driven professionals is advancing key initiatives related to sustainability and diversity that strengthen the many global communities in which we live and work.
By Jefferies Financial Group Inc. · Via Business Wire · March 6, 2024
Jefferies Agrees Sale of OpNet Operations to Wind Tre, Substantially Completing Jefferies’ Strategic Simplification Plan
Jefferies Financial Group Inc. (NYSEJEF) announced today that, consistent with its strategy to build the leading independent global Investment Banking and Capital Markets firm, Jefferies agreed to the sale by OpNet S.p.A (the Italian wireless broadband provider formerly known as Linkem) of substantially all of OpNet’s operations to Wind Tre S.p.A., a subsidiary of CK Hutchison Group Telecom Holdings Ltd. (CKHGT).
By Jefferies Financial Group Inc. · Via Business Wire · February 5, 2024
Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts Across EMEA
Jefferies Financial Group, Inc. (NYSEJEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. NYSE: SMFGNYSESMFG)
By Jefferies Financial Group Inc. · Via Business Wire · January 16, 2024
Jefferies Announces Fourth Quarter 2023 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · January 8, 2024
Jefferies to Release its Fourth-Quarter and Annual 2023 Financial Results on January 8, 2024
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its fourth-quarter and annual 2023 financial results on Monday, January 8, 2024 after market close.
By Jefferies Financial Group Inc. · Via Business Wire · December 21, 2023
Jefferies Establishes Full Service Investment Banking and Capital Markets Capabilities in Canada
Jefferies Financial Group (NYSEJEF) today announced it has established full service investment banking and capital markets capabilities in Canada to serve the evolving needs of corporate, institutional and government clients across Canada. With this expansion, Jefferies will now provide clients in depth expertise in advisory, M&A advisory, equity and debt capital markets, risk solutions, equity research, and sales and trading across all sectors in Canada.
By Jefferies Financial Group Inc. · Via Business Wire · December 4, 2023
Jefferies to Host 14th Annual Global Healthcare Conference in London
Jefferies looks forward to welcoming delegates back to its 2023 London Healthcare Conference, taking place in-person from Tuesday, November 14 to Thursday, November 16.
By Jefferies Financial Group Inc. · Via Business Wire · October 24, 2023
Thanks to Jefferies’ Network, Donation Increases to $13M to Provide Humanitarian Aid in Israel
Jefferies announced today that thanks to the generous support of its clients, partners, and employees the total contribution to charities that provide critical humanitarian aid to those impacted by this week’s violence and terror in Israel has increased to $13 million.
By Jefferies Financial Group Inc. · Via Business Wire · October 11, 2023
Jefferies Clients, Shareholders and Employees Donate $8.6 Million to Provide Humanitarian Aid in Israel
Jefferies announced today that it will donate $8.6 million to 10 charities that provide critical humanitarian aid to those impacted by this week’s violence and terror in Israel.
By Jefferies Financial Group Inc. · Via Business Wire · October 11, 2023
Today is Jefferies Doing Good Global Trading Day to Provide Humanitarian Aid in Israel
As previously announced, Jefferies will hold a Doing Good Global Trading Day today, October 10, 2023, to fund accredited charities focused on providing humanitarian aid to those impacted by the violence and terror in Israel.
By Jefferies Financial Group Inc. · Via Business Wire · October 10, 2023
Jefferies to Hold Global Trading Day on Tuesday, October 10th to Provide Humanitarian Aid in Israel
Jefferies announced today that it will hold a Global Trading Day on Tuesday October 10, 2023 to fund accredited charities focused on providing humanitarian aid to those impacted by the violence and terror in Israel.
By Jefferies Financial Group Inc. · Via Business Wire · October 8, 2023
Jefferies Announces Third Quarter 2023 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · September 27, 2023
Jefferies to Host Investor Day on October 16, 2023
As previously announced, Jefferies Financial Group Inc. (NYSEJEF) will host its annual Investor Day on Monday, October 16, 2023, at 9:00 a.m. in Manhattan. The meeting will include management presentations from Rich Handler, our Chief Executive Officer, Brian Friedman, our President, and leaders of our major businesses, as well as an opportunity to present questions to management.
By Jefferies Financial Group Inc. · Via Business Wire · September 26, 2023
Jefferies to Release its Third-Quarter Financial Results on September 27, 2023
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its third-quarter financial results on Wednesday, September 27, 2023, after market close.
By Jefferies Financial Group Inc. · Via Business Wire · September 18, 2023
CORRECTING and REPLACING Jefferies Financial Group Inc. to Host Annual Investor Meeting
First paragraph, first sentence of release dated August 24, 2023 should read: Jefferies Financial Group Inc. (NYSEJEF) (“Jefferies”) will host its annual Investor Meeting on Monday, October 16, 2023, at 9:00 a.m. in Manhattan.
By Jefferies Financial Group Inc. · Via Business Wire · September 13, 2023
Jefferies Clients, Shareholders and Employees Raise $7 Million for Charities Supporting Maui Wildfire Relief
Jefferies announced today that it will donate $7 million to 13 charities that provide critical aid and support to those impacted by the devastating wildfires in Maui.
By Jefferies Financial Group Inc. · Via Business Wire · August 17, 2023
Today is Jefferies Doing Good Global Trading Day to Support Organizations Focused on Humanitarian Aid to the People of Maui
As previously announced, Jefferies will hold a Doing Good Global Trading Day today, August 16, 2023 to support accredited charities focused on providing humanitarian aid to those impacted by the wildfires in Maui.
By Jefferies Financial Group Inc. · Via Business Wire · August 16, 2023
Jefferies to Hold Global Trading Day on Wednesday, August 16 to Support Organizations Focused on Humanitarian Aid to the People of Maui
Jefferies announced today that it will hold a Global Trading Day on Wednesday, August 16, 2023 to support accredited charities focused on providing humanitarian aid to those in Hawaii who have been impacted by the severe wildfires.
By Jefferies Financial Group Inc. · Via Business Wire · August 14, 2023
Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA
Jefferies Credit Partners, a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the intention to launch a private placement of a business development company (“BDC”) to further enhance its lending capacity in the private credit space. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSEJEF) and Massachusetts Mutual Life Insurance Company (“MassMutual”).
By Jefferies Financial Group Inc. · Via Business Wire · July 19, 2023
Jefferies Financial Group Inc. Announces Pricing of $1,000,000,000 5.875% Senior Notes Due 2028
Jefferies Financial Group Inc. (NYSEJEF) (“JFG”, “we” or “our”) today announced the pricing of its public offering of $1 billion aggregate principal amount of 5.875% Senior Notes due 2028 (the “Notes”) with an effective yield of 6.007%, maturing July 21, 2028. The offering is expected to settle on July 21, 2023, subject to the satisfaction of customary closing conditions.
By Jefferies Financial Group Inc. · Via Business Wire · July 18, 2023
Jefferies Announces Shareholder Approval of Charter Amendment
Jefferies Financial Group Inc. (NYSEJEF) (“Jefferies”) is pleased to announce that its shareholders overwhelmingly approved its Amended and Restated Certificate of Incorporation, which authorizes a new class of non-voting common stock, $1.00 par value per share (the “Non-Voting Common Shares”). The proposal at the special meeting received 98.1% of votes cast in favor:
By Jefferies Financial Group Inc. · Via Business Wire · June 28, 2023
Jefferies Announces Second Quarter 2023 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · June 27, 2023
Jefferies Announces First Quarter 2023 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · March 28, 2023
Jefferies to Release its First-Quarter Financial Results on March 28, 2023
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its first-quarter financial results on Tuesday, March 28, 2023, after market close.
By Jefferies Financial Group Inc. · Via Business Wire · March 15, 2023
Jefferies and MassMutual Announce Conversion of Preferred Shares
Jefferies Financial Group Inc. (“Jefferies”) (NYSEJEF) and Massachusetts Mutual Life Insurance Company (“MassMutual”) announced today that MassMutual has converted 125,000 3.25% Series A Cumulative Convertible Preferred Shares of Jefferies into 4,654,362 shares of Jefferies common stock.
By Jefferies Financial Group Inc. · Via Business Wire · February 15, 2023
Jefferies Completes Spin-Off of Vitesse
Jefferies Financial Group Inc. (“Jefferies”) (NYSEJEF) and Vitesse Energy, Inc. (“Vitesse”) NYSE: VTSNYSEVTS)
By Jefferies Financial Group Inc. · Via Business Wire · January 17, 2023
Jefferies Announces Fourth Quarter 2022 Financial Results
Jefferies Financial Group Inc. (NYSEJEF):
By Jefferies Financial Group Inc. · Via Business Wire · January 9, 2023
Jefferies Board of Directors Declares the Distribution Date for Previously Announced Spin-Off Dividend of Vitesse Common Stock
Jefferies Financial Group Inc. (NYSEJEF) (“Jefferies”) today announced that its Board of Directors has declared the distribution date for the previously announced pro rata dividend of the outstanding shares of common stock (“Vitesse Common Stock”) of Vitesse Energy, Inc. (“Vitesse”) held by Jefferies, to be distributed effective as of 11:59 p.m. ET on January 13, 2023, to the holders of record of the common shares of Jefferies (“Jefferies Common Shares”) as of 5:00 p.m. ET on December 27, 2022, the record date for the distribution. Although Jefferies has received a private letter ruling from the Internal Revenue Service, to the effect that the spin-off will qualify as a tax-free reorganization for U.S. federal income tax purposes (subject to various limitations, representations and conditions), the distribution remains subject to the satisfaction or waiver of certain other conditions (the “Conditions”), including, among others, the Registration Statement on Form 10 relating to the spin-off having been declared effective by the U.S. Securities and Exchange Commission (the “SEC”).
By Jefferies Financial Group Inc. · Via Business Wire · January 5, 2023
Jefferies to Release its Fourth-Quarter and Annual 2022 Financial Results on January 9, 2023
Jefferies Financial Group Inc. (NYSEJEF) today announced it will release its fourth-quarter and annual 2022 financial results on Monday, January 9, 2023 after market close.
By Jefferies Financial Group Inc. · Via Business Wire · December 21, 2022
Jefferies Board of Directors Declares Spin-Off Dividend of Vitesse Energy Common Stock
Jefferies Financial Group Inc. (NYSEJEF) (“Jefferies”) today announced that its Board of Directors has declared a pro rata dividend of the outstanding shares of common stock (the “Vitesse Common Stock”) of Vitesse Energy, Inc. (“Vitesse”) held by Jefferies to the holders of record of the common shares of Jefferies (the “Jefferies Common Shares”) as of 5:00 p.m. ET on December 27, 2022, the record date for the distribution. The distribution is subject to the satisfaction or waiver of various conditions, including, among others, receipt of a private letter ruling (the “PLR”) from the Internal Revenue Service (“IRS”) to the effect that the spin-off will qualify as a tax-free reorganization for U.S. federal income tax purposes, receipt of an opinion of counsel to the effect that the spin-off will qualify as a tax-free reorganization for U.S. federal income tax purposes, and the Form 10 relating to the spin-off having been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) (collectively, the “Conditions”). Jefferies has received a PLR from the IRS to this effect.
By Jefferies Financial Group Inc. · Via Business Wire · December 16, 2022
Jefferies Financial Group Inc. Announces the Final Results of its Tender Offer for Certain Outstanding Senior Notes
Jefferies Financial Group Inc. (NYSEJEF) (“JFG”) today announced the final results of the previously announced cash tender offer (the “Tender Offer”) to purchase any and all $750 million outstanding aggregate principal amount of its 5.5% Senior Notes due 2023 (the “Notes”). Approximately $303.4 million in aggregate principal amount of Notes were validly tendered and not validly withdrawn at or prior to 11:59 p.m., New York City time, on November 5, 2021, the expiration date for the Tender Offer (the “Expiration Date”). The terms of the Tender Offer are described in the Offer to Purchase, dated October 8, 2021 (the “Offer to Purchase”).
By Jefferies Financial Group Inc. · Via Business Wire · November 9, 2021
Jefferies Financial Group, Inc. Announces the Pricing Terms of Its Tender Offer for Certain Outstanding Senior Notes
Jefferies Financial Group Inc. (NYSEJEF) (“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”).
By Jefferies Financial Group Inc. · Via Business Wire · October 25, 2021
Jefferies Financial Group Inc. Announces the Early Results of Its Tender Offer for Certain Outstanding Senior Notes
Jefferies Financial Group Inc. (NYSEJEF) (“JFG”) today announced the early results of the previously announced cash tender offer (the “Tender Offer”) to purchase any and all $750 million outstanding aggregate principal amount of its 5.5% Senior Notes due 2023 (the “Notes”). Approximately $301.6 million in aggregate principal amount of Notes were validly tendered and not validly withdrawn on or prior to 5:00 p.m., New York City time, on October 22, 2021, the early tender date for the Tender Offer (the “Early Tender Date”). The terms of the Tender Offer are described in the Offer to Purchase, dated October 8, 2021 (the “Offer to Purchase”).
By Jefferies Financial Group Inc. · Via Business Wire · October 25, 2021
Jefferies Financial Group Inc. Announcing Tender Offer For Any And All Of Its $750 Million Outstanding 5.5% Senior Notes Due 2023
Jefferies Financial Group Inc. (NYSEJEF) ("JFG") today announced that it has commenced a cash tender offer for any and all $750 million outstanding aggregate principal amount of its 5.5% Senior Notes due 2023 (the "Notes"), on the terms and subject to the conditions set forth in the Offer to Purchase dated the date hereof (as it may be amended or supplemented from time to time, the "Offer to Purchase").The tender offer is referred to as the "Tender Offer."
By Jefferies Financial Group Inc. · Via Business Wire · October 8, 2021