E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/26/2011 in the Prospect News Distressed Debt Daily.

Goldman Sachs buys $72.63 million of claims against Lehman Brothers

By Caroline Salls

Pittsburgh, Oct. 26 - Goldman Sachs & Co. bought $72.63 million in claims against Lehman Brothers Holdings Inc., according to Wednesday filings with the U.S. Bankruptcy Court for the Southern District of New York.

Specifically, Goldman bought a $60.1 million claim from Ostersjostiftelsen, an $8.97 million claim from Galostiftelsen and a $3.56 million claim from Quesada Irisfonden.

New York-based Lehman Brothers Holdings was the fourth-largest investment bank in the United States. The company filed for bankruptcy on Sept. 15, 2008. Its Chapter 11 case number is 08-13555.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.