| Issuer: | Jefferies Group, Inc. | |
| Issue: | Senior Notes Reopening due 2019 | |
| Security Type: | Senior Unsecured Fixed Rate Notes | |
| Ratings (Moodys/S&P/Fitch): | Baa2(Neg Outlook)/BBB(Neg Outlook)/BBB(Neg Outlook) | |
| Reopening Deal Size: | $300,000,000 | |
| Original Deal Size: | $400,000,000 | |
| Total Deal Size: | $700,000,000 | |
| Trade Date: | September 22, 2009 | |
| Settlement Date: | September 25, 2009 (T + 3) | |
| Final Maturity: | July 15, 2019 | |
| Coupon: | 8.500% | |
| Interest Payment Dates: | Semi-annually on January 15th and July 15th, commencing on January 15, 2010 | |
| Benchmark Treasury: | 3.625% UST due 8/15/19 | |
| Benchmark Yield: | 3.444% | |
| Benchmark Price: | 101-16 | |
| Reoffer Spread: | T + 425 basis points | |
| Reoffer Yield: | 7.694% | |
| Reoffer Price: | 105.452% (Price does not include accrued interest from June 30, 2009 to, but not including, the settlement date totaling $(6,020,833.33) in aggregate which is payable by the purchasers) | |
| Gross Spread: | 0.450% | |
| All-in Spread: | T + 431.4 basis points | |
| All-In Yield: | 7.758% | |
| All-in Price: | 105.002% | |
| Proceeds to Issuer: | $321,026,833.33 (Includes accrued interest from June 30, 2009 to, but not including, the settlement date, but after underwriting discounts and commissions) | |
| Day Count Convention: | 30/360 | |
| Make-Whole Call Payment: | UST + 50 basis points | |
| Minimum Denominations: | $5,000 and integral multiples of $1,000 in excess thereof | |
| CUSIP: | 472319AF9 | |
| ISIN: | US472319AF91 | |
| Book-Running Managers: | Jefferies & Company, Inc. | |
| Citigroup Global Markets Inc. | ||
| J.P. Morgan Securities Inc. | ||
| Co-Managers: | BNY Mellon Capital Markets, LLC | |
| Banc of America Securities LLC | ||
| BNP Paribas Securities Corp. | ||
| Deutsche Bank Securities Inc. | ||
| Keefe, Bruyette & Woods, Inc. |