Published on 7/9/2007 in the Prospect News Structured Products Daily.
New Issue: Lehman Brothers prices $500,000 of notes linked to LBCI Agriculture
By Laura Lutz
Des Moines, July 9 - Lehman Brothers Holdings Inc. priced a $500,000 issue of notes due July 13, 2010 linked to the LBCI Agriculture Index Total Return, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par times a percentage equal to the index performance minus 0.75%.
Lehman Brothers Inc. is the underwriter.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Medium-term notes, series I
|
| Underlying index: | LBCI Agriculture Index Total Return
|
| Amount: | $500,000
|
| Maturity: | July 13, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par times a percentage equal to the index performance minus 0.75%
|
| Initial level: | 120.13
|
| Pricing date: | July 6
|
| Settlement date: | July 13
|
| Underwriter: | Lehman Brothers Inc.
|
| Fees: | 1%
|
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