By Laura Lutz
Des Moines, Nov. 27 - Lehman Brothers Holdings Inc. priced $513,000 of zero-coupon principal-protected notes with enhanced participation due Nov. 30, 2009 linked to a basket of three currencies, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the euro with a 33.34% weight, the British pound with a 33.33% weight and the Japanese yen with a 33.33% weight, all versus the dollar.
The payout at maturity will be par plus 220% of any gain on the basket. Investors will receive at least par.
Lehman Brothers Inc. is the underwriter.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Principal-protected notes with enhanced participation
|
| Underlying currencies: | Euro with 33.34% weight, British pound with 33.33% weight and Japanese yen with 33.33% weight
|
| Amount: | $513,000
|
| Maturity: | Nov. 30, 2009
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 220% of any basket gain; floor of par
|
| Pricing date: | Nov. 23
|
| Settlement date: | Nov. 26
|
| Underwriter: | Lehman Brothers Inc.
|
| Fees: | 0.5%
|
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