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Jefferies Resigns as Loan Agent for Spyware Maker NSO Group

  • Lender is one of NSO’s closest allies on Wall Street
  • Agent resignation could be effective in 30 days or less
Updated on

Jefferies Financial Group Inc., one of Wall Street’s closest allies of spyware firm NSO Group, is resigning from a key administrative role for the Israeli company’s debt, according to a person with knowledge of the matter.

The investment bank privately notified the company’s lenders on Friday of its intention to step down as administrative agent, a role in which Jefferies handles debt payments for the company and other clerical tasks, said the person, who asked not to be identified because the information is private.