E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/24/2007 in the Prospect News Structured Products Daily.

New Issue: Lehman prices $125 million 1-year tracker notes linked to Commodity Index Total Return

By E. Janene Geiss

Philadelphia, Jan. 24 - Lehman Brothers Holdings Inc. priced a $125 million issue of 1-year tracker notes due Jan. 30, 2008 linked to the Lehman Brothers Commodity Index Total Return, according to an FWP filing with the Securities and Exchange Commission.

At maturity, investors will receive par multiplied by the sum of the index performance on the final valuation date of Jan. 23, 2008 plus 5 basis points.

Lehman Brothers is the agent.

Issuer:Lehman Brothers Holdings Inc.
Issue:1-year tracker notes
Underlying index:Lehman Brothers Commodity Index Total Return
Amount:$125 million
Maturity:Jan. 30, 2008
Coupon:0%
Price:Par of $10,000
Payout at maturity:Par multiplied by the sum of the index performance (positive or negative) plus 5 basis points
Initial index value:85.3935
Pricing date:Jan. 23
Settlement date:Jan. 30
Underwriter:Lehman Brothers Inc.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.