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Published on 12/8/2004 in the Prospect News Convertibles Daily.

Lehman files $1 billion shelf

By Ted A. Knutson

Washington, Dec. 8 - Lehman Brothers Holdings Inc. filed a $1 billion shelf including purchase contracts, debt securities, warrants, preferred stock, depositary shares, common stock and units in an S-3 registration with the Securities and Exchange Commission.

Convertibles are also possible under this shelf.

The New York-based financial services company said proceeds from offerings authorized by the registration would be used for general corporate purposes including funding operating units, investments and refunding debt.


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