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Lehman to price 100% principal protected participation notes linked to three commodities
By Susanna Moon
Chicago, Oct. 17 - Lehman Brothers Holdings Inc. plans to price zero-coupon 100% principal-protected capped participation notes due Nov. 8, 2010 linked to a commodity basket, according to an FWP filing with the Securities and Exchange Commission.
The basket comprises equal weights of gold, aluminum and copper.
The payout at maturity will be par plus any basket gain. Investors will receive at least par.
The issue is expected to price on Oct. 31 and settle on Nov. 7.
Lehman Brothers Inc. is the underwriter.
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