[FWP] Jefferies Financial Group Inc. Free Writing Prospectus
Jefferies Financial Group has filed a Free Writing Prospectus for Market Linked Securities, specifically Auto-Callable securities with Contingent Coupon linked to the performance of VanEck Gold Miners ETF and iShares Silver Trust, due July 27, 2028.
Key terms include:
- Face Amount: $1,000 per security
- Contingent Coupon Rate: Minimum 12.30% per annum
- Automatic Call Feature triggers if lowest performing Market Measure exceeds starting price
- Threshold Price: 70% of starting price for each Market Measure
- Downside Risk: Investors may lose over 30% of principal if ending price falls below threshold
Notable risks include potential loss of principal, no fixed interest payments, exposure to gold/silver mining sector volatility, and foreign market risks. Estimated security value at pricing date: $969.10. Securities will not be listed on any exchange, and no trading market is expected to develop.
Jefferies Financial Group ha presentato un Free Writing Prospectus per titoli legati al mercato, in particolare titoli Auto-Callable con cedola condizionata collegata alla performance di VanEck Gold Miners ETF e iShares Silver Trust, con scadenza il 27 luglio 2028.
I termini principali includono:
- Valore nominale: 1.000$ per titolo
- Aliquota cedola condizionata: minimo 12,30% annuo
- La funzione di richiamo automatico si attiva se il mercato meno performante supera il prezzo iniziale
- Prezzo soglia: 70% del prezzo iniziale per ciascun indicatore di mercato
- Rischio ribassista: gli investitori potrebbero perdere oltre il 30% del capitale se il prezzo finale scende sotto la soglia
Rischi rilevanti includono la possibile perdita del capitale, l’assenza di pagamenti di interessi fissi, l’esposizione alla volatilità del settore minerario dell’oro/argento e i rischi di mercato esteri. Valore stimato del titolo alla data di prezzo: 969,10$. I titoli non saranno quotati su alcuna borsa e non si prevede lo sviluppo di un mercato di scambio.
Jefferies Financial Group ha presentado un Free Writing Prospectus para valores vinculados al mercado, específicamente valores Auto-Callable con cupón contingente ligado al desempeño de VanEck Gold Miners ETF y iShares Silver Trust, con vencimiento el 27 de julio de 2028.
Los términos clave incluyen:
- Monto nominal: $1,000 por valor
- Tasa de cupón contingente: mínimo 12.30% anual
- La función de llamada automática se activa si el índice de mercado con menor rendimiento supera el precio inicial
- Precio umbral: 70% del precio inicial para cada indicador de mercado
- Riesgo a la baja: los inversores pueden perder más del 30% del capital si el precio final cae por debajo del umbral
Los riesgos notables incluyen posible pérdida del capital, ausencia de pagos de intereses fijos, exposición a la volatilidad del sector minero de oro/plata y riesgos de mercados extranjeros. Valor estimado del valor en la fecha de precio: $969.10. Los valores no estarán listados en ninguna bolsa y no se espera que se desarrolle un mercado de negociación.
Jefferies Financial Group는 시장 연계 증권에 대한 프리 라이팅 설명서를 제출했으며, 특히 VanEck Gold Miners ETF 및 iShares Silver Trust의 성과에 연동된 조건부 쿠폰이 있는 자동 콜러블 증권으로, 만기는 2028년 7월 27일입니다.
주요 조건은 다음과 같습니다:
- 액면가: 증권당 $1,000
- 조건부 쿠폰율: 연 최소 12.30%
- 최저 성과 시장 지수가 시작 가격을 초과하면 자동 콜 기능 발동
- 임계 가격: 각 시장 지수 시작 가격의 70%
- 하락 위험: 만기 가격이 임계 가격 아래로 떨어지면 투자자는 원금의 30% 이상 손실 가능
주요 위험 요소로는 원금 손실 가능성, 고정 이자 지급 없음, 금/은 광산 부문 변동성 노출, 해외 시장 위험이 포함됩니다. 가격 책정일 기준 예상 증권 가치는 $969.10입니다. 이 증권은 어떤 거래소에도 상장되지 않으며, 거래 시장 형성도 예상되지 않습니다.
Jefferies Financial Group a déposé un Free Writing Prospectus pour des titres liés au marché, spécifiquement des titres Auto-Callable avec coupon conditionnel lié à la performance du VanEck Gold Miners ETF et iShares Silver Trust, échéance le 27 juillet 2028.
Les principaux termes incluent :
- Montant nominal : 1 000 $ par titre
- Taux de coupon conditionnel : minimum 12,30% par an
- La fonction de rappel automatique s’active si la mesure de marché la moins performante dépasse le prix de départ
- Prix seuil : 70% du prix de départ pour chaque mesure de marché
- Risque à la baisse : les investisseurs peuvent perdre plus de 30% du capital si le prix final tombe en dessous du seuil
Risques notables comprenant la perte potentielle du capital, l’absence de paiements d’intérêts fixes, l’exposition à la volatilité du secteur minier de l’or et de l’argent, ainsi que les risques des marchés étrangers. Valeur estimée du titre à la date de tarification : 969,10 $. Les titres ne seront pas cotés en bourse et aucun marché de négociation n’est attendu.
Jefferies Financial Group hat einen Free Writing Prospectus für marktgebundene Wertpapiere eingereicht, speziell Auto-Callable Wertpapiere mit bedingtem Kupon, die an die Performance des VanEck Gold Miners ETF und iShares Silver Trust gekoppelt sind, mit Fälligkeit am 27. Juli 2028.
Wesentliche Bedingungen sind:
- Nennwert: 1.000$ pro Wertpapier
- Bedingter Kuponzins: mindestens 12,30% pro Jahr
- Die automatische Rückruf-Funktion wird ausgelöst, wenn die am schlechtesten performende Marktgröße den Startpreis übersteigt
- Schwellenpreis: 70% des Startpreises für jede Marktgröße
- Abwärtsrisiko: Anleger können mehr als 30% des Kapitals verlieren, wenn der Endpreis unter die Schwelle fällt
Bemerkenswerte Risiken umfassen potenziellen Kapitalverlust, keine festen Zinszahlungen, Volatilität im Gold-/Silberbergbausektor und Risiken aus Auslandsmärkten. Geschätzter Wert des Wertpapiers zum Preisfestsetzungstag: 969,10$. Die Wertpapiere werden an keiner Börse notiert sein, und es wird kein Handelsmarkt erwartet.
- Attractive contingent coupon rate of at least 12.30% per annum, offering potential for high yield in favorable market conditions
- Built-in downside protection with 30% buffer before principal is at risk (threshold price at 70% of starting price)
- Automatic call feature provides early exit opportunity if market conditions are favorable, with return of principal plus coupon
- High risk of principal loss - investors could lose more than 30% or all of their investment if lowest performing Market Measure falls below threshold price
- No guaranteed coupon payments - investors may receive no coupon payments throughout the entire term
- Complex exposure to worst-performing asset between gold miners (GDX) and silver trust (SLV) with no upside participation in better performer
- Limited liquidity due to no exchange listing and no expected secondary market trading
- Significant credit risk exposure to Jefferies Financial Group Inc. as issuer
Jefferies Financial Group ha presentato un Free Writing Prospectus per titoli legati al mercato, in particolare titoli Auto-Callable con cedola condizionata collegata alla performance di VanEck Gold Miners ETF e iShares Silver Trust, con scadenza il 27 luglio 2028.
I termini principali includono:
- Valore nominale: 1.000$ per titolo
- Aliquota cedola condizionata: minimo 12,30% annuo
- La funzione di richiamo automatico si attiva se il mercato meno performante supera il prezzo iniziale
- Prezzo soglia: 70% del prezzo iniziale per ciascun indicatore di mercato
- Rischio ribassista: gli investitori potrebbero perdere oltre il 30% del capitale se il prezzo finale scende sotto la soglia
Rischi rilevanti includono la possibile perdita del capitale, l’assenza di pagamenti di interessi fissi, l’esposizione alla volatilità del settore minerario dell’oro/argento e i rischi di mercato esteri. Valore stimato del titolo alla data di prezzo: 969,10$. I titoli non saranno quotati su alcuna borsa e non si prevede lo sviluppo di un mercato di scambio.
Jefferies Financial Group ha presentado un Free Writing Prospectus para valores vinculados al mercado, específicamente valores Auto-Callable con cupón contingente ligado al desempeño de VanEck Gold Miners ETF y iShares Silver Trust, con vencimiento el 27 de julio de 2028.
Los términos clave incluyen:
- Monto nominal: $1,000 por valor
- Tasa de cupón contingente: mínimo 12.30% anual
- La función de llamada automática se activa si el índice de mercado con menor rendimiento supera el precio inicial
- Precio umbral: 70% del precio inicial para cada indicador de mercado
- Riesgo a la baja: los inversores pueden perder más del 30% del capital si el precio final cae por debajo del umbral
Los riesgos notables incluyen posible pérdida del capital, ausencia de pagos de intereses fijos, exposición a la volatilidad del sector minero de oro/plata y riesgos de mercados extranjeros. Valor estimado del valor en la fecha de precio: $969.10. Los valores no estarán listados en ninguna bolsa y no se espera que se desarrolle un mercado de negociación.
Jefferies Financial Group는 시장 연계 증권에 대한 프리 라이팅 설명서를 제출했으며, 특히 VanEck Gold Miners ETF 및 iShares Silver Trust의 성과에 연동된 조건부 쿠폰이 있는 자동 콜러블 증권으로, 만기는 2028년 7월 27일입니다.
주요 조건은 다음과 같습니다:
- 액면가: 증권당 $1,000
- 조건부 쿠폰율: 연 최소 12.30%
- 최저 성과 시장 지수가 시작 가격을 초과하면 자동 콜 기능 발동
- 임계 가격: 각 시장 지수 시작 가격의 70%
- 하락 위험: 만기 가격이 임계 가격 아래로 떨어지면 투자자는 원금의 30% 이상 손실 가능
주요 위험 요소로는 원금 손실 가능성, 고정 이자 지급 없음, 금/은 광산 부문 변동성 노출, 해외 시장 위험이 포함됩니다. 가격 책정일 기준 예상 증권 가치는 $969.10입니다. 이 증권은 어떤 거래소에도 상장되지 않으며, 거래 시장 형성도 예상되지 않습니다.
Jefferies Financial Group a déposé un Free Writing Prospectus pour des titres liés au marché, spécifiquement des titres Auto-Callable avec coupon conditionnel lié à la performance du VanEck Gold Miners ETF et iShares Silver Trust, échéance le 27 juillet 2028.
Les principaux termes incluent :
- Montant nominal : 1 000 $ par titre
- Taux de coupon conditionnel : minimum 12,30% par an
- La fonction de rappel automatique s’active si la mesure de marché la moins performante dépasse le prix de départ
- Prix seuil : 70% du prix de départ pour chaque mesure de marché
- Risque à la baisse : les investisseurs peuvent perdre plus de 30% du capital si le prix final tombe en dessous du seuil
Risques notables comprenant la perte potentielle du capital, l’absence de paiements d’intérêts fixes, l’exposition à la volatilité du secteur minier de l’or et de l’argent, ainsi que les risques des marchés étrangers. Valeur estimée du titre à la date de tarification : 969,10 $. Les titres ne seront pas cotés en bourse et aucun marché de négociation n’est attendu.
Jefferies Financial Group hat einen Free Writing Prospectus für marktgebundene Wertpapiere eingereicht, speziell Auto-Callable Wertpapiere mit bedingtem Kupon, die an die Performance des VanEck Gold Miners ETF und iShares Silver Trust gekoppelt sind, mit Fälligkeit am 27. Juli 2028.
Wesentliche Bedingungen sind:
- Nennwert: 1.000$ pro Wertpapier
- Bedingter Kuponzins: mindestens 12,30% pro Jahr
- Die automatische Rückruf-Funktion wird ausgelöst, wenn die am schlechtesten performende Marktgröße den Startpreis übersteigt
- Schwellenpreis: 70% des Startpreises für jede Marktgröße
- Abwärtsrisiko: Anleger können mehr als 30% des Kapitals verlieren, wenn der Endpreis unter die Schwelle fällt
Bemerkenswerte Risiken umfassen potenziellen Kapitalverlust, keine festen Zinszahlungen, Volatilität im Gold-/Silberbergbausektor und Risiken aus Auslandsmärkten. Geschätzter Wert des Wertpapiers zum Preisfestsetzungstag: 969,10$. Die Wertpapiere werden an keiner Börse notiert sein, und es wird kein Handelsmarkt erwartet.
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Market Linked Securities— Auto-Callable with Contingent Coupon and Contingent Downside
Principal at Risk Securities Linked to the Lowest Performing of the VanEck® Gold Miners ETF and the iShares® Silver Trust due July 27, 2028
Term Sheet to Preliminary Pricing Supplement dated June 27, 2025
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Issuer:
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Jefferies Financial Group Inc.
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Market Measures:
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VanEck® Gold Miners ETF and iShares® Silver Trust (each a “Market Measure,” and collectively the “Market Measures”).
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Pricing Date*:
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July 31, 2025
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Issue Date*:
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August 5, 2025
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Face Amount and
Original Offering Price:
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$1,000 per security
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Contingent Coupon Payments:
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On each contingent coupon payment date, you will receive a contingent coupon payment at a per annum rate equal to the contingent coupon rate if, and only if, the closing
price of the lowest performing Market Measure on the related calculation day is greater than or equal to its threshold price. Each “contingent coupon payment,” if any, will be calculated per security as follows: ($1,000 × contingent
coupon rate)/4.
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Contingent Coupon
Payment Dates:
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Quarterly, on the third business day following each calculation day; provided that the contingent coupon payment date with respect to the final calculation day will be
the stated maturity date.
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Contingent Coupon
Rate*
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At least 12.30% per annum, to be determined on the pricing date.
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Automatic Call:
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If the closing price of the lowest performing Market Measure on any of the calculation days from January 2026 to April 2028, inclusive, is greater than or equal to its
starting price, the securities will be automatically called, and on the related call settlement date you will be entitled to receive a cash payment per security equal to the face amount plus a final contingent coupon payment.
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Calculation Days*:
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Quarterly, on the 24th day of each January, April, July and October, commencing October 2025 and ending April 2028, and on July 24, 2028 (the “final calculation day”)
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Call Settlement Date:
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Three business days after the applicable calculation day.
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Performance Factor:
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With respect to a Market Measure on any calculation day, its fund closing price on such calculation day divided by its starting price (expressed as a percentage).
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Maturity Payment
Amount (per security):
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• if the
ending price of the lowest performing Market Measure on the final calculation day is greater than or equal to its threshold price:
$1,000; or
• if the
ending price of the lowest performing Market Measure on the final calculation day is less than its threshold price:
$1,000 × performance factor of the lowest performing Market Measure
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Lowest Performing
Market Measure:
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For any calculation day, the lowest performing Market Measure will be the Market Measure with the lowest performance factor on that calculation day.
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Stated Maturity Date*:
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July 27, 2028
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Starting Price:
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For each Market Measure, its fund closing price on the pricing date
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Ending Price:
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For each Market Measure, its fund closing price on the final calculation day
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Threshold Price:
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For each Market Measure, 70% of its starting price
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Calculation
Agent:
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Jefferies Financial Services Inc. (“JFSI”), a wholly owned subsidiary of Jefferies Financial Group Inc.
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Denominations:
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$1,000 and any integral multiple of $1,000
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Agents
Discount**:
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Up to 2.325%; dealers, including those using the trade name Wells Fargo Advisors (“WFA”), may receive a selling concession of up to 1.75% and WFS may pay 0.075%
of the agent’s discount to WFA as a distribution expense fee
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CUSIP:
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47233YKG9
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Material Tax
Consequences:
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See the preliminary pricing supplement.
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If The Securities Are Not Automatically Called Prior To Stated Maturity, You May Lose Some Or All Of The Face Amount Of Your Securities At Stated
Maturity.
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The Securities Do Not Provide For Fixed Payments Of Interest And You May Receive No Coupon Payments On One Or More Contingent Coupon Payment Dates, Or Even Throughout The Entire Term
Of The Securities.
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The Securities Are Subject To The Full Risks Of Each Market Measure And Will Be Negatively Affected If Any Market Measure Performs Poorly, Even If The Other Market Measure Performs
Favorably.
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Your Return On The Securities Will Depend Solely On The Performance Of The Market Measure That Is The Lowest Performing Market Measure On Each Calculation Day, And You Will Not
Benefit In Any Way From The Performance Of The Better Performing Market Measure.
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You Will Be Subject To Risks Resulting From The Relationship Among The Market Measures.
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You May Be Fully Exposed To The Decline In The Lowest Performing Market Measure On The Final Calculation Day From Its Starting Price, But Will Not Participate In
Any Positive Performance Of Any Market Measure.
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Higher Contingent Coupon Rates Are Associated With Greater Risk.
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The Securities Are Subject To A Potential Automatic Call, Which Would Limit Your Ability To Receive Further Payment On The Securities.
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A Contingent Coupon Payment Date, A Call Settlement Date Or The Stated Maturity Date May Be Postponed If A Calculation Day Is Postponed.
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The Tax Consequences Of An Investment In Your Securities Are Uncertain.
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Your Notes may be subject to the constructive ownership rules.
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The Securities Are Subject To Our Credit Risk.
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The Estimated Value Of The Securities On The Pricing Date, Based On Jefferies LLC Proprietary Pricing Models At That Time And Our Internal Funding Rate,
Will Be Less Than The Original Offering Price.
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The Estimated Value Of The Securities Was Determined For Us By Our Subsidiary Using Proprietary Pricing Models.
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The Estimated Value Of The Securities Would Be Lower If It Were Calculated Based On Our Secondary Market Rate.
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The Estimated Value Of The Securities Is Not An Indication Of The Price, If Any, At Which WFS, Jefferies LLC Or Any Other Person May Be Willing To Buy The Securities From You In The
Secondary Market.
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The Value Of The Securities Prior To Stated Maturity Will Be Affected By Numerous Factors, Some Of Which Are Related In Complex Ways.
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The Securities Will Not Be Listed On Any Securities Exchange And The Issuer Does Not Expect A Trading Market For The Securities To Develop.
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Any Payments On The Securities And Whether The Securities Are Automatically Called Will Depend Upon The Performance Of Each Market Measure And Therefore The Securities Are Subject To
The Risks Associated With The Market Measures, As Discussed In The Accompanying Pricing Supplement and Product Supplement.
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An Investment In The Securities Is Subject To Risks Associated With Investing In Stocks In The Gold And Silver Mining Industries.
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An Investment In The Securities Is Subject To Risks Associated With Foreign Securities Markets, Including Emerging Markets.
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The Securities Are Subject To Foreign Currency Exchange Rate Risk.
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The Stocks Held By The GDX Are Concentrated In One Sector.
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The Securities Are Subject To Risks Associated With Silver.
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There Are Risks Associated With Commodities Trading On The London Bullion Market Association.
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Single Commodity Prices Tend To Be More Volatile Than, And May Not Correlate With, The Prices Of Commodities Generally.
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The SLV Is Not An Investment Company Or Commodity Pool And Will Not Be Subject To Regulation Under The Investment Company Act Of 1940, As Amended, Or The Commodity Exchange Act Of
1936, As Amended.
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Our Economic Interests And Those Of Any Dealer Participating In The Offering Are Potentially Adverse To Your Interests.
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FAQ
What are the key features of JEF's new Market Linked Securities offering in 2025?
What is the potential return and risk structure of JEF's 2025 Market Linked Securities?
What is the estimated value of JEF's 2025 Market Linked Securities at issuance?
What are the key dates for JEF's 2025 Market Linked Securities?
What fees and discounts apply to JEF's 2025 Market Linked Securities offering?
