By Andrea Heisinger
Omaha, Feb. 6 - Lehman Brothers Holdings Inc. added 9.9 million shares to its recent issue of non-cumulative 7.95% perpetual preferred stock Wednesday, an informed source said.
The shares (A3/A-/A+) now total 75.9 million, or $1,897,500,000. This includes 66 million shares priced Feb. 5.
They are non-callable for five years.
Bookrunners were Lehman Brothers Inc. and Citigroup Global Markets Inc.
The investment bank is based in New York City.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Non-cumulative preferred stock
|
| Amount: | $247.5 million added
|
| Shares: | 9.9 million shares added
|
| Maturity: | Perpetual
|
| Bookrunners: | Lehman Brothers Inc., Citigroup Global Markets Inc.
|
| Dividend: | 7.95%
|
| Price: | Par of $25
|
| Call: | Non-callable for five years
|
| Trade date: | Feb. 6
|
| Settlement date: | Feb. 12
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A-
|
| Fitch: A+
|
| Total issuance: | 75.9 million shares ($1.8975 billion), including 66 million shares ($1.65 billion) priced Feb. 5, 2008
|
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