Jefferies estimates impact on earnings from facility with MFS to be less than $20M
Jefferies believes the net impact on its Net Earnings over time from the facility with MFS is likely to be less than $20 million.
First Brands
Jefferies CEO and President: “First Brands situation could cause Jefferies financial loss over time”
Jefferies’ investments effectively comprise $43 million, or 5.9%, of Point Bonita’s accounts receivables purchased from First Brands.
Jefferies issues update on Point Bonita Capital and First Brands Group
Jefferies Financial Group, Inc. (NYSE:JEF) has issued an update on Point Bonita Capital and First Brands Group.
