New Issue: Lehman prices $35.86 million 0.25% note linked to Halliburton

New York, Sept. 19 - Lehman Brothers Holdings Inc. priced $35.855 million 0.25% notes performance linked to Halliburton Co. common stock, according to a filing with the Securities and Exchange Commission.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Performance-linked medium-term senior notes
Underlying stock:	Halliburton Co.
Amount:	$35.855 million
Greenshoe:	$5.378 million
Maturity:	Sept. 25, 2010
Coupon:	0.25%
Price:	Par
Payout at maturity:	Greater of par in cash or percentage appreciation above threshold price of $28.2611 (17.5% above $24.052 price Lehman paid to hedge notes)
Call:	Sept. 18, 2006 onwards with same payout calculation as at maturity
Pricing date:	Sept. 18
Settlement:	Sept. 25
Underwriter:	Lehman Brothers
Distribution:	Off shelf

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