Long-Term Debt (Tables)

6 Months Ended

May 31, 2020

Debt Disclosure [Abstract]

Schedule of Indebtedness

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):

	May 31, 2020		November 30, 2019
Parent Company Debt:
Senior Notes:
5.50% Senior Notes due October 18, 2023, $750,000 principal	$	745,235	$	744,606
6.625% Senior Notes due October 23, 2043, $250,000 principal	246,800		246,772
Total long-term debt – Parent Company	992,035		991,378
Subsidiary Debt (non-recourse to Parent Company):
Jefferies Group:
2.375% Euro Medium Term Notes, due May 20, 2020, $0 and $550,875 principal	—		550,622
6.875% Senior Notes, due April 15, 2021, $750,000 principal	765,915		774,738
2.25% Euro Medium Term Notes, due July 13, 2022, $4,440 and $4,407 principal	4,272		4,204
5.125% Senior Notes, due January 20, 2023, $750,000 and $600,000 principal	762,084		610,023
1.00% Euro Medium Term Notes, due July 19, 2024, $555,050 and $550,875 principal	553,257		548,880
4.85% Senior Notes, due January 15, 2027, $750,000 principal (1)	816,371		768,931
6.45% Senior Debentures, due June 8, 2027, $350,000 principal	370,258		371,426
4.15% Senior Notes, due January 23, 2030, $1,000,000 principal	989,113		988,662
6.25% Senior Debentures, due January 15, 2036, $500,000 principal	511,051		511,260
6.50% Senior Notes, due January 20, 2043, $400,000 principal	420,035		420,239
Structured Notes (2)	1,245,486		1,215,285
Jefferies Group Revolving Credit Facility	189,410		189,088
Jefferies Group Secured Bank Loan	50,000		50,000
HomeFed EB-5 Program debt	189,211		140,739
Foursight Capital Credit Facilities	56,746		98,260
Vitesse Energy Finance Revolving Credit Facility	105,192		103,050
Other	—		276
Total long-term debt – subsidiaries	7,028,401		7,345,683
Long-term debt	$	8,020,436	$	8,337,061

(1) Amount includes losses of $47.2 million and $43.8 million during the six months ended May 31, 2020 and 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.