FWP

October 26, 2016

Filed pursuant to Rule 433

Registration Statement No. 333-209385

 

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Jefferies Group LLC

Senior Fixed Rate 15-Year Callable Notes due October 31, 2031

 

Issuers:    Jefferies Group LLC and Jefferies Group Capital Finance Inc., its wholly owned subsidiary.
Title of the Series:    Senior Fixed Rate 15-Year Callable Notes due October 31, 2031.
Aggregate principal amount:    $50,000,000. The Issuers may increase the aggregate principal amount prior to the original issue date but are not required to do so.
Issue price:    $1,000 per note (100%)
Pricing date:    October 26, 2016
Original issue date:    October 31, 2016 (3 business days after the pricing date)
Maturity date:    October 31, 2031, subject to the Issuers’ redemption right.
Interest accrual date:    October 31, 2016
Interest rate:    5.00% per annum.
Interest payment period:    Semi-annual
Interest payment dates:    Each April 30 and October 31, beginning April 30, 2017; provided that if any such day is not a business day, the interest payment will be made on the next succeeding business day and no adjustment will be made to any interest payment made on that succeeding business day.
Day-count convention:    30/360
Redemption:    The Issuers will have the right to redeem the notes, in whole or in part, on
October 31, 2019, and pay 100% of the stated principal amount per note plus accrued and unpaid interest to, but excluding, the date of such redemption. If the Issuers elect to redeem the notes, they must provide notice at least 5 business days before the redemption date.
Optional Redemption Date:    October 31, 2019
Specified currency:    U.S. dollars
CUSIP/ISIN:    47233JAE8
Book-entry or certificated note:    Book-entry


Business day:    New York
Agent:    Jefferies LLC, a wholly-owned subsidiary of Jefferies Group LLC and an affiliate of Jefferies Group Capital Finance Inc.
Trustee:    The Bank of New York Mellon
Use of Proceeds:    General corporate purposes
Listing:    None

You should read this document together with the related prospectus and prospectus supplement,

each of which can be accessed via the hyperlinks below, before you decide to invest.

 

 

Preliminary pricing supplement dated October 11, 2016

Prospectus supplement dated August 5, 2016

Prospectus supplement dated February 4, 2016

Prospectus dated February 4, 2016

The issuer has filed a registration statement (including a prospectus) and has also filed a prospectus supplement and pricing supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus, prospectus supplement, pricing supplement and other documents 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 Web site at www.sec.gov. Alternatively, the issuer, the agent or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Jefferies LLC at (201)761-7610.