New Issue: Lehman prices $247,000 enhanced participation notes linked to nine commodities

By Angela McDaniels

Seattle, Oct. 30 - Lehman Brothers Holdings Inc. priced $247,000 of zero-coupon principal-protected enhanced participation notes linked to a basket of nine commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The basket contains light sweet crude oil, No. 2 fuel heating oil, copper - grade A, primary nickel, special high-grade zinc, gold, platinum, No. 2 yellow corn and No. 2 wheat. Crude oil has a 20% weight, and the remaining commodities each have a 10% weight.

The payout at maturity will be par plus 115% of any basket gain. Investors will receive at least par.

Lehman Brothers Inc. is the underwriter.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Principal-protected enhanced participation notes
Underlying basket:	Light sweet crude oil (20% weight) and No. 2 fuel heating oil, copper - grade A, primary nickel, special high-grade zinc, gold, platinum, No. 2 yellow corn and No. 2 wheat (each with a 10% weight)
Amount:	$247,000
Maturity:	Nov. 1, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 115% of any basket gain; floor of par
Pricing date:	Oct. 26
Settlement date:	Nov. 1
Underwriter:	Lehman Brothers Inc.
Fees:	0.5%

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