Lehman plans enhanced participation notes linked to rupee, renminbi

By E. Janene Geiss

Philadelphia, Feb. 14 - Lehman Brothers Holdings Inc. plans to price principal-protected 0% enhanced participation notes due March 20, 2012 linked to the performance against the dollar of the Indian rupee and Chinese renminbi, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 130% of any basket gain. Investors will receive at least par.

The notes are expected to price March 14 and settle March 20.

Lehman Brothers Inc. is the underwriter.

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