Filed pursuant to Rule 433
Registration Statement No. 333-271881
Registration Statement No. 333-271881
Jefferies Financial Group Inc.
Market Linked Notes
|
Market Linked Notes—Upside Participation to a Cap and Principal Return at Maturity
Notes Linked to the Nasdaq-100 Index® due November 30, 2028
Term Sheet to Preliminary Pricing Supplement dated October 31, 2024
|
Summary of Terms
|
Issuer:
|
Jefferies Financial Group Inc.
|
|||
|
Market Measure:
|
Nasdaq-100 Index® (the “Index”)
|
|||
|
Pricing Date*:
|
November 25, 2024
|
|||
|
Issue Date*:
|
November 29, 2024
|
|||
|
Principal Amount
and Original
Offering Price:
|
$1,000 per note
|
|||
|
Maturity Payment
Amount (per note):
|
• if the ending level is
greater than the starting level:
$1,000 plus the lesser of: (i) $1,000 × index return × upside participation rate; and
(ii) the maximum return; or
• if
the ending level is less than or equal to the starting level:
$1,000
|
|||
|
Stated Maturity
Date*:
|
November 30, 2028
|
|||
|
Starting Level:
|
The closing level of the Index on the pricing date
|
|||
|
Ending Level:
|
The closing level of the Index on the calculation day
|
|||
|
Maximum Return:
|
At least 32.00% of the principal amount per note, to be determined on the pricing date
|
|||
|
Upside Participation
Rate:
|
100%
|
|||
|
Index Return:
|
(ending level – starting level) / starting level
|
|||
|
Calculation Day*:
|
November 27, 2028
|
|||
|
Calculation Agent:
|
Jefferies Financial Services Inc. (“JFSI”), a wholly owned subsidiary of Jefferies Financial Group Inc.
|
|||
|
Denominations:
|
$1,000 and any integral multiple of $1,000
|
|||
|
Agent Discount**:
|
Up to 3.825%; dealers, including those using the trade name Wells Fargo Advisors (“WFA”), may receive a selling concession of up to 2.75% and WFS may pay 0.075% of
the agent’s discount to WFA as a distribution expense fee
|
|||
|
CUSIP:
|
47233YCC7
|
|||
|
Material Tax
Consequences:
|
See the preliminary pricing supplement.
|
|
*
|
subject to change
|
|
**
|
In addition, selected dealers may receive a fee of up to 0.30% for marketing and other services
|
Hypothetical Payout Profile***
***assumes a maximum return equal to the lowest possible maximum return that may be determined on the pricing date.
If the ending level is less than the starting level, you will not receive any positive return on the notes.
We estimate that the value of each note on the pricing date will be approximately $956.20, or within $30.00 of that estimate. See “Estimated
Value of the Notes” in the accompanying preliminary pricing supplement for more information.
Preliminary Pricing Supplement: https://www.sec.gov/Archives/edgar/data/96223/000114036124044757/ef20037865_424b2.htm
|
|
The notes have complex features and investing in the notes involves risks not associated with an investment in conventional debt securities. See “Selected Risk Considerations” in this term sheet and the accompanying preliminary pricing supplement and “Risk Factors” in the accompanying product supplement.
This introductory term sheet does not provide all of the information that an investor should consider prior to making an
investment decision.
Investors should carefully review the accompanying preliminary pricing supplement, product supplement, prospectus supplement and
prospectus before making a decision to invest in the notes.
NOT A BANK DEPOSIT AND NOT INSURED OR GUARANTEED BY THE FDIC OR ANY OTHER GOVERNMENTAL AGENCY
Selected Risk Considerations
The risks set forth below are discussed in detail in the “Selected Risk Considerations” section in the accompanying preliminary pricing supplement and the “Risk Factors” section
in the accompanying product supplement. Please review those risk disclosures carefully.
| • |
You May Not Receive Any Positive Return On The Notes.
|
| • |
No Periodic Interest Will Be Paid On The Notes.
|
| • |
Your Return Will Be Limited To The Maximum Return And May Be Lower Than The Return On A Direct Investment In The Index.
|
| • |
Your Notes Will Be Treated as Debt Instruments Subject to Special Rules Governing Contingent Payment Debt Instruments for U.S. Federal Income Tax Purposes.
|
| • |
The Stated Maturity Date May Be Postponed If The Calculation Day Is Postponed.
|
| • |
The Notes Are Subject To Our Credit Risk.
|
| • |
The Estimated Value Of The Notes 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.
|
| • |
The Estimated Value Of The Notes Was Determined For Us By Our Subsidiary Using Proprietary Pricing Models.
|
| • |
The Estimated Value Of The Notes Would Be Lower If It Were Calculated Based On Our Secondary Market Rate.
|
|
•
|
The Estimated Value Of The Notes Is Not An Indication Of The Price, If Any, At Which Jefferies LLC Or Any Other Person May Be Willing To Buy The Notes From You In The Secondary
Market.
|
| • |
The Value Of The Notes Prior To Stated Maturity Will Be Affected By Numerous Factors, Some Of Which Are Related In Complex Ways.
|
| • |
The Notes Will Not Be Listed On Any Securities Exchange And The Issuer Does Not Expect A Trading Market For The Notes To Develop.
|
| • |
The Maturity Payment Amount Will Depend Upon The Performance Of The Index And Therefore The Notes Are Subject To The Risks Associated With The Index, As Discussed In The Accompanying Pricing
Supplement and Product Supplement.
|
| • |
Our Economic Interests And Those Of Any Dealer Participating In The Offering Are Potentially Adverse To Your Interests.
|
|
•
|
An Investment In The Notes Is Subject To Risks Associated With Investing In Non-U.S. Companies.
|
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration
statement and other documents that the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the
issuer, any agent or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling your financial advisor or by calling Jefferies LLC.
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, members SIPC, separate registered broker-dealers and non-bank affiliates of Wells
Fargo Finance LLC and Wells Fargo & Company.
2