Jefferies Has Trade Finance-Related Exposure of About $300 Million to Radiant World- Source Familiar With The Matter - JEF News | RalliesJefferies Has Trade Finance-Related Exposure of About $300 Million to Radiant World- Source Familiar With The Matter
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JEF• Jefferies exposure to Radiant World
- Jefferies Financial Group Inc has trade finance-related exposure of about $300 million to Radiant World, a source familiar with the matter said.
- Jefferies is investigating the matter, is taking no provisions, and expects to get paid, the source said.
- The exposure to Radiant World is through Jefferies' Point Bonita fund, the source said.