Jefferies sees limited impact from First Brands' bankruptcy

Core Viewpoint - Jefferies Financial Group has stated that its exposure to the bankrupt auto parts maker First Brands Group is limited, and any potential losses are manageable and "readily absorbable" [1] Company Summary - Jefferies Financial Group's exposure to First Brands Group is characterized as limited [1] - The company anticipates that any potential losses from this exposure will not significantly impact its financial stability [1]