By E. Janene Geiss
Philadelphia, Feb. 14 - Lehman Brothers Holdings Inc. priced $2 million of 0% foreign exchange principal-protected notes due Feb. 19, 2010 linked to the performance of a basket of Asian currencies against the dollar, according to an FWP filing with the Securities and Exchange Commission.
The basket consists of equal weights (20%) of the Indonesian rupiah, Indian rupee, South Korean won, Singapore dollar and Malaysian ringgit, all versus the dollar.
The payout at maturity will be par plus 260% of any gain in the basket. Investors will receive at least par.
Lehman Brothers Inc. will be the underwriter.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Foreign exchange principal-protected notes
|
| Underlying basket: | Equal weights (20%) of Indonesian rupiah, Indian rupee, South Korean won, Singapore dollar and Malaysian ringgit
|
| Amount: | $2 million
|
| Maturity: | Feb. 19, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 260% of any basket gain; floor of par
|
| Initial rates: | 9,268 for rupiah; 39.68 for rupee; 945.4 for won; 1.4163 for Singapore dollar; 3.2340 for ringgit
|
| Pricing date: | Feb. 13
|
| Settlement date: | Feb. 20
|
| Underwriter: | Lehman Brothers Inc.
|
| Fees: | 1%
|
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