Registration Statement No. 333-271881
Market Linked Securities—Upside Participation to a Cap and Partial Principal Return at Maturity
Principal at Risk Securities Linked to the Common Stock of Apple Inc. due June 23, 2028
Term Sheet to Preliminary Pricing Supplement dated June 2, 2025
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Issuer:
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Jefferies Financial Group Inc.
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Market Measure:
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The common stock of Apple Inc. (Nasdaq symbol: AAPL) (the “Underlying Stock”)
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Pricing Date*:
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June 17, 2025
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Issue Date*:
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June 23, 2025
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Face Amount and
Original Offering Price:
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$1,000 per security
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Maturity Payment
Amount (per security):
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if the ending price is greater than the starting price: $1,000 plus the lesser of:
(i) $1,000 × underlying stock return × upside participation rate; and
(ii) the maximum return; or
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if the ending price is less than or equal to the starting price, the greater of:
(i) $1,000 + ($1,000 ×underlying stock return); and
(ii) the minimum payment at maturity
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Stated Maturity Date*:
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June 23, 2028
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Starting Price:
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The closing price of the Underlying Stock on the pricing date
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Ending Price:
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The stock closing price (as defined in the pricing supplement) of the Underlying Stock on the calculation day
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Maximum Return:
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At least 32.50% of the face amount per security, to be determined on the pricing date
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Minimum Payment at
Maturity:
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$900.00 per security (90% of the face amount)
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Upside Participation
Rate:
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100%
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Underlying Stock
Return:
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(ending price – starting price) / starting price
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Calculation Day*:
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June 20, 2028
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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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Agent Discount**:
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Up to 3.075%; dealers, including those using the trade name Wells Fargo Advisors (“WFA”), may receive a selling concession of up to 2.25% 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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47233YJK2
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Material Tax
Consequences:
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See the preliminary pricing supplement.
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*
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subject to change
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**
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In addition, selected dealers may receive a fee of up to 0.2% for marketing and other services
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If The Ending Price Is Less Than The Starting Price, You Will Lose Some, And Possibly Up To 10%, Of The Face Amount Of Your Securities At Maturity.
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No Periodic Interest Will Be Paid On The Securities.
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Your Return Will Be Limited To The Maximum Return And May Be Lower Than The Return On A Direct Investment In The Underlying Stock.
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The Stated Maturity Date May Be Postponed If The Calculation Day Is Postponed.
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The Tax Consequences Of An Investment In Your Securities Are Uncertain.
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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 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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The Maturity Payment Amount Will Depend Upon The Performance Of The Underlying Stock And Therefore The Securities Are Subject To The Risks Associated With The Underlying Stock, As
Discussed In The Accompanying Pricing Supplement and Product Supplement.
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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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The Securities May Become Linked To The Common Stock Of A Company Other Than The Original Underlying Stock Issuer.
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You Have Limited Anti-dilution Protection.
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