By Angela McDaniels
Seattle, July 31 - Lehman Brothers Holdings Inc. priced $1.7 million of zero-coupon partial principal protection notes due Aug. 2, 2010 linked to basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 with a 50% weight, Dow Jones Euro Stoxx 50 with a 17.71% weight, FTSE 100 with a 16.985% weight, Nikkei 225 with a 10.71% weight and S&P/ASX 200 with a 4.595% weight.
The payout at maturity will be par plus 100.14% of any basket gain. Investors will lose 1% for each 1% basket decline, up to a maximum loss of 10%.
Lehman Brothers Inc. is the underwriter.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Partial principal protection notes
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| Underlying indexes: | S&P 500 (50% weight), Dow Jones Euro Stoxx 50 (17.71% weight), FTSE 100 (16.985% weight), Nikkei 225 (10.71% weight) and S&P/ASX 200 (4.595% weight)
|
| Amount: | $1.7 million
|
| Maturity: | Aug. 2, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 100.14% of any basket gain; 1% loss for each 1% basket decline up to a maximum loss of 10%
|
| Pricing date: | July 27
|
| Settlement date: | Aug. 1
|
| Underwriter: | Lehman Brothers Inc.
|
| Fees: | 1.5%
|
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