Jefferies to reassess Radiant World exposure from fund under wind-down

JEF Jefferies Financial Group Inc

$44.96 -1.92%

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1. 1Jefferies Financial Group (JEF) will reassess its Radiant World exposure from the Point Bonita fund, which is already being wound down.
2. 2The exposure has shrunk from its peak to under $300 million, with the last payment received roughly three weeks ago.
3. 3Concerns grow over an additional blow following First Brands, amid reports that Vitol and Cargill halted trading over invalid invoice concerns.

Source Bloomberg · View original ↗

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