By Jennifer Chiou
New York, June 27 - Lehman Brothers Holdings Inc. priced $6.8 million of 0% return optimization securities with partial protection due Dec. 31, 2009 linked to the RICI Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
UBS Financial Services Inc. and Lehman Brothers Inc. are the underwriters.
Payout at maturity will be par of $10 plus triple any gain on the index, up to a maximum return of 29%.
Investors will receive par for losses up to 10% and will share in losses beyond 10%.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Return optimization securities with partial protection
|
| Underlying index: | RICI Excess Return
|
| Amount: | $6.8 million
|
| Maturity: | Dec. 31, 2009
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus triple any gain on the index, up to a maximum return of 29%; par for losses up to 10%; investors will share in losses beyond 10%
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Agent: | Lehman Brothers
|
| Fees: | 1.75%
|
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