New York, Oct. 23 - Lehman Brothers Holdings Inc. priced a $4.965 million issue of 0% absolute buffer notes due Oct. 25, 2009 linked to the Dow Jones Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus 129% of the increase in the index.
If the index declines by up to 20%, the payout will be par plus the absolute value of the change in the index.
Investors will share in losses if the index drops by more than 20%.
Lehman Brothers was manager for the sale
| Issuer: | Lehman Brothers Holdings Inc.
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| Issue: | Absolute buffer notes
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| Underlying index: | Dow Jones Euro Stoxx 50
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| Amount: | $4.965 million
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| Maturity: | Oct. 25, 2009
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 129% of any positive index return; if the final index return is negative and the final index level is greater than or equal to the threshold level of 80%, par plus the absolute value of the final index return; if the final index return is negative and the final index level is less than the threshold level, investors will share in the losses
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| Pricing date: | Oct. 20
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| Manager: | Lehman Brothers
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