Published on 2/12/2008 in the Prospect News Structured Products Daily.
New Issue: Lehman prices $585,000 0% principal-protected notes linked to Indian rupee, Chinese renminbi
By Laura Lutz
Des Moines, Feb. 12 - Lehman Brothers Holdings Inc. priced $585,000 of zero-coupon principal-protected notes with enhanced participation due Feb. 14, 2012 linked to equal weights of the Indian rupee and the Chinese renminbi, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 135% of any gain on the basket. Investors will receive at least par.
Lehman Brothers Inc. is the underwriter.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Principal-protected notes with enhanced participation
|
| Underlying basket: | Equal weights of Indian rupee and Chinese renminbi
|
| Amount: | $585,000
|
| Maturity: | Feb. 14, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 135% of any basket gain; floor of par
|
| Pricing date: | Feb. 8
|
| Settlement date: | Feb. 14
|
| Underwriter: | Lehman Brothers Inc.
|
| Fees: | 0.5%
|
© 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.
