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Jefferies Financial Group Inc. (JEF) Form 424B5 — Sep 30, 2026

$JEFForm 424B5Filed Sep 30, 2026, 5:12 PM ET0001918704-26-029802Original filing

Jefferies Financial Group filed a 424B5 preliminary pricing supplement for Senior Autocallable Leveraged Barrier Notes due October 3, 2031, linked to the Utilities Select Sector SPDR ETF (XLU). The notes are priced at $1,000 each, pay no interest, offer 175% participation in upside, a $1,200 call payment if autocalled, and 1:1 downside exposure below a 75% threshold. The estimated value of each note is approximately $962.10, about 3.8% below the issue price, reflecting structuring, hedging and distribution costs of up to $13.00 per note paid to dealers. Aggregate principal amount is left blank pending pricing.

Key figures

Call Value
100% of Initial Value
Maturity Date
2031-10-03
Threshold Value
75% of Initial Value
Issue Price Per Note
1000
Participation Rate
175.00%
Call Payment Per Note
1200
Q3 FY26 Pre Tax Earnings
$351 million
Estimated Value Per Note
962.1
Q3 FY26 Effective Tax Rate
24.8%
Estimated Value Tolerance
30
Nine Month Pre Tax Earnings
$879 million
Dealer Discount Per Note Max
13
Nine Month Effective Tax Rate
23.4%
Q3 FY26 Net Earnings To Common
$261 million
Nine Month Net Earnings To Common
$640 million
Q3 FY26 Capital Markets Net Revenues
$802 million
Q3 FY26 Asset Management Net Revenues
$86 million
Nine Month Capital Markets Net Revenues
$2.38 billion
Q3 FY26 Investment Banking Net Revenues
$1.33 billion
Nine Month Asset Management Net Revenues
$494 million
Nine Month Investment Banking Net Revenues
$3.56 billion

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.