Jefferies lands 'on the screws' with first euro deal since 2014

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Jefferies lands 'on the screws' with first euro deal since 2014

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R9RKPY Kiev, Ukraine. 20th Dec, 2018. Jefferies Financial Group Company logo seen displayed on a smart phone. Credit: Igor Golovniov/SOPA Images/ZUMA Wire/Alamy Live News | Alamy Stock Photo

The financial institutions bond market is showing no signs of fatigue in Europe, with US financial services company Jefferies Group preferring euros over dollars for the first time since 2014 on Friday. There was some debate about fair value for its €500m deal, given the lack of outstanding comparables.

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