Long-Term Debt (Tables)

3 Months Ended

Feb. 29, 2020

The principal amount (net of unamortized discounts, premiums and debt issuance costs), stated interest rate and maturity date of outstanding debt are as follows (dollars in thousands):



	February 29, 2020			November 30, 2019
Parent Company Debt:
Senior Notes:
5.50% Senior Notes due October 18, 2023, $750,000 principal	$	744,919		$	744,606
6.625% Senior Notes due October 23, 2043, $250,000 principal	246,786			246,772
Total long-term debt – Parent Company	991,705			991,378

Subsidiary Debt (non-recourse to Parent Company):
Jefferies Group:
2.375% Euro Medium Term Notes, due May 20, 2020, $551,425 and $550,875 principal	551,306			550,622
6.875% Senior Notes, due April 15, 2021, $750,000 principal	770,351			774,738
2.25% Euro Medium Term Notes, due July 13, 2022, $4,411 and $4,407 principal	4,226			4,204
5.125% Senior Notes, due January 20, 2023, $600,000 principal	609,276			610,023
1.00% Euro Medium Term Notes, due July 19, 2024, $551,425 and $550,875 principal	549,534			548,880
4.85% Senior Notes, due January 15, 2027, $750,000 principal (1)	793,931			768,931
6.45% Senior Debentures, due June 8, 2027, $350,000 principal	370,846			371,426
4.15% Senior Notes, due January 23, 2030, $1,000,000 principal	988,886			988,662
6.25% Senior Debentures, due January 15, 2036, $500,000 principal	511,156			511,260
6.50% Senior Notes, due January 20, 2043, $400,000 principal	420,137			420,239
Structured Notes (2)	1,354,714			1,215,285
Jefferies Group Revolving Credit Facility	189,249			189,088
Jefferies Group Secured Bank Loan	50,000			50,000
HomeFed EB-5 Program debt	183,390			140,739
Foursight Capital Credit Facilities	(324		)	98,260
Vitesse Energy Finance Revolving Credit Facility	113,121			103,050
Other	—			276
Total long-term debt – subsidiaries	7,459,799			7,345,683

Long-term debt	$	8,451,504		$	8,337,061


(1)	Amount includes losses of $24.9 million and of $15.6 million during the three months ended February 29, 2020 and February 28, 2019, respectively, associated with an interest rate swap based on its designation as a fair value hedge. See Note 4 for further information.


(2)	These structured notes contain various interest rate payment terms and are accounted for at fair value, with changes in fair value resulting from a change in the instrument specific credit risk presented in Accumulated other comprehensive income (loss) and changes in fair value resulting from non-credit components recognized in Principal transactions revenues.