Published on 11/24/2003 in the Prospect News Convertibles Daily.
New Issue: Lehman prices $4 million 6% Yeelds linked to LSI Logic
New York, Nov. 24 - Lehman Brothers Holdings Inc. priced $4 million of 6% Yeelds (Yield Enhanced Equity-Linked Debt Securities) linked to LSI Logic Corp. common stock, according to a filing with the Securities and Exchange Commission.
| Issuer: | Lehman Brothers Holdings Inc.
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| Issue: | Yeelds (Yield Enhanced Equity-Linked Debt Securities) medium-term notes
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| Amount: | $4 million
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| Greenshoe: | $600,000
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| Maturity: | May 25, 2005
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| Coupon: | 6%, payable quarterly
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| Price: | Par
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| Payout at maturity: | Value of LSI Logic Corp. common stock at exchange price in cash, capped at $1,460 per note
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| Exchange price: | $9.3428
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| Pricing date: | Nov. 20
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| Settlement: | Nov. 25
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| Underwriter: | Lehman Brothers
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| Listing: | "YLO.B" on American Stock Exchange
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