By Jennifer Chiou
New York, Aug. 28 - Lehman Brothers Holdings Inc. priced $250 million of floating-rate notes (A1/A+/AA-) due Sept. 26, 2008 at par to yield Libor plus 3 basis points, according to an FWP filing with the Securities and Exchange Commission.
Interest is payable quarterly.
The underwriter was Lehman Brothers Inc.
The global investment bank is based in New York City.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Amount: | $250 million
|
| Maturity: | Sept. 26, 2008
|
| Security description: | Senior medium-term floating-rate bonds
|
| Underwriter: | Lehman Brothers Inc.
|
| Coupon: | Three-month Libor plus 3 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 3 bps
|
| Trade date: | Aug. 27
|
| Settlement date: | Aug. 30
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: A+
|
| Fitch: AA-
|
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