--- title: "Jefferies Discloses Facts About Western Alliance and Western Alliance’s Loan Solely Against First Brands Receivables" type: "News" locale: "en" url: "https://longbridge.com/en/news/278379942.md" datetime: "2026-03-09T11:12:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278379942.md) - [en](https://longbridge.com/en/news/278379942.md) - [zh-HK](https://longbridge.com/zh-HK/news/278379942.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278379942.md) | [繁體中文](https://longbridge.com/zh-HK/news/278379942.md) # Jefferies Discloses Facts About Western Alliance and Western Alliance’s Loan Solely Against First Brands Receivables March 9 (Reuters) - Jefferies Financial Group Inc (JEF.N) : - JEFFERIES DISCLOSES FACTS ABOUT WESTERN ALLIANCE AND WESTERN ALLIANCE’S LOAN SOLELY AGAINST FIRST BRANDS RECEIVABLES - JEFFERIES FINANCIAL GROUP INC - WESTERN ALLIANCE MADE NON-RECOURSE LOANS WITH NO GUARANTEE FROM JEFFERIES FOR OVER 4 YRS - JEFFERIES FINANCIAL GROUP INC - EXPECTS NET IMPACT FROM MFS FACILITY TO BE LESS THAN $20 MILLION - JEFFERIES FINANCIAL GROUP INC - WESTERN ALLIANCE LOANS SECURED SOLELY BY FIRST BRANDS RECEIVABLES - JEFFERIES FINANCIAL GROUP INC - WESTERN ALLIANCE HAD NO RECOURSE BEYOND LAM TFG I SPV LLC ASSETS - JEFFERIES FINANCIAL GROUP INC - EUROPEAN SUBSIDIARY LOANED MFS £103 MILLION UNDER WAREHOUSE FACILITY - JEFFERIES FINANCIAL GROUP: IN NORMAL COURSE OF BUSINESS, ONE OF CO’S EUROPEAN SUBSIDIARIES LOANED MFS £103 MILLION - JEFFERIES FINANCIAL GROUP: BELIEVES THERE IS NO MERIT TO CLAIMS SEEKING TO RECOVER FROM JEFFERIES OR OTHER ENTITIES NOT OBLIGORS TO WESTERN ALLIANCE - JEFFERIES - WESTERN ALLIANCE REQUESTED GUARANTEES FROM JEFFERIES AND POINT BONITA FOR LAM TFG I SPV LOAN; REQUESTS DENIED - JEFFERIES FINANCIAL GROUP INC - RECOVERED 25% OF MFS FACILITY IN CASH, 40% SECURED BY VALID LOANS - JEFFERIES FINANCIAL GROUP: WESTERN ALLIANCE HAS BEEN REPAID MORE THAN HALF AMOUNT IT HAS LOANED - JEFFERIES: IMPACT OF FIRST BRANDS FRAUD ON JEFFERIES IS MANAGEABLE AND ANY LOSSES WILL BE READILY ABSORBED Source text: Further company coverage: (JEF.N) ### Related Stocks - [Western Alliance Bancorporation (WAL.US)](https://longbridge.com/en/quote/WAL.US.md) - [Jefferies Financial Group Inc. (JEF.US)](https://longbridge.com/en/quote/JEF.US.md) ## Related News & Research - [Western Alliance Bank Earns Prestigious 2026 Portfolio Award from Financial Communications Society for Brand Unity Initiative | WAL Stock News](https://longbridge.com/en/news/281556090.md) - [Socket Mobile Raises $500,000 via 10% Secured Subordinated Convertible Notes at $0.90 Conversion](https://longbridge.com/en/news/281059452.md) - [SOL Global Faces Expected Cease Trade Order After Auditor Resignation and Filing Delays](https://longbridge.com/en/news/281046828.md) - [Solana (SOL) Recovery Faces Roadblocks, Can Bulls Push Through?](https://longbridge.com/en/news/281733424.md) - [Bright Path Applauds Presidential Proclamation Imposing Tariffs on Imported Pharmaceuticals](https://longbridge.com/en/news/281585445.md)