NYSE:JEFCapital Markets
Jefferies Financial Group (JEF): Assessing Valuation After Major Debt Issuances and Shifting Capital Strategy
If you are watching Jefferies Financial Group (JEF), you have probably noticed the buzz this week. The company just launched and completed several senior unsecured note offerings, each with different maturities and coupon rates. This string of debt raises signals a meaningful shift in Jefferies’ capital structure strategy, and has analysts and investors considering what this means for both risk and growth.
So far, the market’s reaction has been constructive. Jefferies’ shares are up more...