Jefferies

We are pleased to welcome Florent Cohen, who joins as Fixed Income Chief Risk Officer, based in New York. Florent brings a wealth of expertise in trading and managing large Fixed Income portfolios, with a strong background in Corporate Credit, Structured Credit and mortgage-backed securities. With over 20 years of industry experience, Florent has held senior positions in both sell-side and buy-side firms. Most recently, he was the Head of Risk for the credit business at Brevan Howard. Welcome, Florent!

We are honored to receive GlobalCapital’s European award for CLO (Collateralized Loan Obligation) “Bank of the Year” for the fourth year in a row. Once again, Jefferies has solidified its role as a major player in Europe's primary CLO market and is being recognized for excellence in the asset class. We believe that our strong relationships on the buy and sell side, combined with a proven ability to access the market through a rapidly changing environment, helped the firm dominate the league tables and earn a well-deserved win. https://spklr.io/6046fdQ0 Congratulations to the team!

We invite you to register for our 2nd annual Virtual Power x Data Center Mini-Conference on April 2nd, 2025. This conference will consist of virtual presentations only, hosted by Jefferies Research Analyst, Jonathan Petersen. This multi-faceted event invites a variety of perspectives on trends accelerating Power, Utilities & Data Center companies. We look forward to seeing you there! Register here: https://spklr.io/6043fZ1f

Jefferies is pleased to have served as Exclusive Financial Advisor to Nova Biomedical on its $2.2 billion sale to Advanced Instruments, a subsidiary of Patricia Industries. Nova Biomedical is a privately held in-vitro diagnostics company founded in 1976 that offers analytical instruments and consumables that are vital to guiding the treatment of patients and the development of biotechnology therapeutics. The combined entity with Advanced Instruments will create a global life science tools platform. This transaction reinforces Jefferies’ position as the #1 M&A advisor in the life science tools and diagnostics space.

We invite you to register for our Virtual Cleantech and Utility Equipment conference on March 28th, 2025. We will host key leaders in the space to discuss key avenues of investment across both the Utilities and Cleantech landscapes. We hope you can join us as we discuss a range of avenues for investment to feed the ongoing grid & generation buildout. Register here: https://spklr.io/6043fPf3

Jefferies is proud to have served as Lead Financial Advisor to James Hardie Industries (ASX/NYSE: JHX) in its $8.75 Billion acquisition of The Azek Company (NYSE: AZEK), in one of the largest transactions in the sector this year. The combined company will create a leading building products growth platform, unite highly complementary offerings of leading exterior brands, and significantly expand JHX's total addressable market. This transaction highlights our ability to lead on large public to public and complex cross-border deals globally. Our Building Products franchise shows continued market leadership, having advised on nearly $40 billion of M&A transactions over the past two years, including last year's $18 billion sale of SRS to The Home Depot.

In this week’s JefMacro Minute, Jefferies Equity Strategist Steven DeSanctis shares a few things standing out to him, including what to expect around future Fed cuts, why April 2nd is a date to watch and much more. See the full JefMacro Weekly here: https://spklr.io/6048fK7E #JefMacroMinute

Jefferies proudly serves as Sole Financial Advisor to Alfa Laval as they sign a binding put-option agreement to acquire Fives Cryogenics, part of the Fives Group, for €800 million. Fives Cryogenics is a world-leading expert in cryogenic heat transfer and pump technologies. This proposed acquisition provides Alfa Laval with a strong portfolio of LNG and hydrogen liquefaction solutions, which are key technologies for the energy transition. This deal marks Jefferies' 15th M&A transaction involving a French counterparty in the last 12 months, solidifying the leadership of our industrial and French IB franchises. Congratulations to Alfa Laval and Fives Cryogenics!

Jefferies’ new “US Consumer Pulse” series leverages proprietary pricing survey data to inform our intra-month consumer-perceived pricing index. Notable insights from Feb include: three-quarters of respondents flagged grocery prices were still up month-over-month and more than 70% called out higher restaurant prices. For gasoline, housing, home furnishings, and healthcare, perceived pricing in March appear to be closer to neutral. See how other categories fared in the chart below.

Randal Konik, Jefferies Research Analyst covering Consumer Lifestyle & Growth Platforms, joined CNBC Money Movers to discuss his thoughts on Nike, saying that the company has the "right CEO and strategy" to improve the stock's performance "sooner than markets think." Watch the full interview here: https://spklr.io/60414C19