By Angela McDaniels
Seattle, Sept. 28 - Lehman Brothers Holdings Inc. upsized its range notes due Oct. 17, 2022 linked to six-month Libor to $10 million, according to an FWP filing with the Securities and Exchange Commission.
The company initially priced the offer at $5 million on Sept. 28 and priced an additional $5 million of notes later in the day.
Interest is payable quarterly and equals 9.5% per year multiplied by the proportion of days on which six-month Libor is at least 0% and not more than 7%.
The notes are callable on any interest payment date beginning Jan. 17, 2008.
Lehman Brothers Inc. is the underwriter.
Issuer: | Lehman Brothers Holdings Inc.
|
Issue: | Range notes
|
Amount: | $10 million, upsized from $5 million
|
Maturity: | Oct. 17, 2022
|
Coupon: | 9.5% per year multiplied by the proportion of days on which six-month Libor is at least 0% and not more than 7%; payable quarterly
|
Price: | Par
|
Payout at maturity: | Par
|
Call: | On interest payment dates beginning Jan. 17, 2008
|
Pricing date: | Sept. 28
|
Settlement date: | Oct. 17
|
Underwriter: | Lehman Brothers Inc.
|
Fees: | 0.75%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.