By Jennifer Chiou
New York, Dec. 20 - Lehman Brothers Holdings Inc. priced a $4 million issue of zero-coupon principal-protected notes due Dec. 21, 2011 linked to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any positive return on the index. The return, if any, will be multiplied by the upside participation rate of 132%.
Investors will receive at least par.
Lehman Brothers Inc. is the underwriter.
| Issuer: | Lehman Brothers Holdings Inc.
|
| Issue: | Principal-protected notes
|
| Underlying index: | Nikkei 225
|
| Amount: | $4 million
|
| Maturity: | Dec. 21, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 132% of any index return; floor of par
|
| Pricing date: | Dec. 18
|
| Settlement date: | Dec. 21
|
| Agent: | Lehman Brothers Inc.
|
| Fees: | 2.5%
|
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