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Lehman Brothers to price principal protection notes linked to index basket
By Jennifer Chiou
New York, June 6 - Lehman Brothers Holdings Inc. plans to price 100% principal protection notes due June 29, 2012 linked to an index basket, according to an FWP filing with the Securities and Exchange Commission.
The notes have a minimum guaranteed return of 1.57%.
The basket includes equal weights of the Dow Jones Euro Stoxx 50 and the Nikkei 225 indexes.
At maturity, investors will receive par plus any positive return on the basket. Investors will receive at least par.
The notes are expected to price June 26 and settle June 29.
Lehman Brothers Inc. is the underwriter.
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