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Jefferies Group, Inc. Message Board

  • A Yahoo! User Nov 21, 2012 5:57 PM Flag

    What happens to JEF bonds with the merger?

    I hold JEF 8.5% 7/15/2019 bonds. These are not callable. Does anyone know what will happen to these bonds as a result of the proposed merger? Is it just business as usual until 2019 or will they somehow get called as a result of the approved merger? It appears that JEF will continue operations as is after the merger so I assume that nothing actually happens with these bonds, but I'd like to be certain. Can anyone help?

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