Jefferies prices 3.5-year structured notes linked to EURO STOXX 50 with 155% upside leverage, 1-to-1 downside below 75% threshold

Filed July 2, 2026 · ~2 min read

Key Changes

• high

  These notes offer no periodic interest and leveraged upside (155.2% participation) if the EURO STOXX 50 Index rises, but full 1-to-1 downside exposure if the Index falls below 75% of its starting level at maturity—meaning a 50% index decline results in a 50% principal loss.

  Risk Factors verify on EDGAR →
• high

  The notes' estimated value at pricing is below the offering price due to embedded selling concessions, hedging costs, and Jefferies' expected profit. Investors buying at the offering price start at an immediate economic loss.

  Risk Factors verify on EDGAR →
• medium

  No secondary market is expected and the notes will not trade on any exchange. Jefferies has no obligation to repurchase, effectively locking investors into a hold until the January 2030 maturity.

  Risk Factors verify on EDGAR →