NYSE:JEFCapital Markets
Jefferies Financial Group (JEF): Assessing Valuation After New Bond Issuances and Focused Balance Sheet Moves
Jefferies Financial Group raised eyebrows this week after announcing a pair of fixed-income offerings, issuing new senior unsecured notes set to mature in 2035 and 2045. This move injects over $10 million in fresh capital into its balance sheet and is aimed at boosting operational flexibility during a period when US capital markets have been anything but smooth. While some investors might view these offerings as a prudent way to shore up funding, others are watching closely to see if they...