Published on 1/17/2007 in the Prospect News Structured Products Daily.
New Issue: Lehman prices $10 million 30-year NC 18-month notes
By E. Janene Geiss
Philadelphia, Jan. 17 - Lehman Brothers Holdings Inc. priced a $10 million issue of 30-year notes due Feb. 13, 2037 non-callable for 18 months, according to an FWP filing with the Securities and Exchange Commission.
Interest will be payable semi-annually. The coupon amount will be 6.5%.
The notes are callable at par on each interest payment date beginning Aug. 13, 2008.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | 30-year callable notes
|
| Amount: | $10 million
|
| Maturity: | Feb. 13, 2037
|
| Coupon: | 6.5%
|
| Price: | Par
|
| Call: | On interest payment dates starting Aug. 13, 2008 at par
|
| Pricing date: | Jan. 16
|
| Settlement date: | Feb. 13
|
| Underwriter: | Lehman Brothers Inc.
|
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