By Andrea Heisinger
Omaha, Aug. 23 - Lehman Brothers Holdings Inc. priced a $500 million add on to its 15-year Libor plus 170 basis points floating-rate put bonds at par Thursday.
The original $250 million was priced on Tuesday.
The bonds (A1/A+) can be put on Sept. 15, 2012 in whole or part at par.
The underwriter was Lehman Brothers Inc.
The global investment bank is based in New York City.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Add on to senior floating-rate put bonds
|
| Amount: | $500 million (total size now $750 million)
|
| Maturity: | Sept. 15, 2022
|
| Coupon: | Libor plus 170 bps
|
| Price: | Par
|
| Yield: | Libor plus 170 bps
|
| Call: | Make-whole call at Libor plus 20 bps from Sept. 15, 2012
|
| Put: | Sept. 15, 2012 at par
|
| Trade date: | Aug. 23
|
| Settlement date: | Aug. 28
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: A+
|
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