Published on 1/31/2006 in the Prospect News Convertibles Daily.
New Issue: Lehman prices $6.5 million 9% Yeelds linked to ConocoPhillips
By Angela McDaniels
Seattle, Jan. 31 - Lehman Brothers Holdings Inc. priced $6,500,001.46 of 9% Yeelds (Yield Enhanced Equity-Linked Debt Securities) linked to ConocoPhillips Co. stock, according to a 424B5 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 senior notes, series H
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| Underlying stock: | ConocoPhillips Co.
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| Amount: | $6,500,001.46
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| Greenshoe: | 14,934 Yeelds
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| Maturity: | Feb. 4, 2007
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| Coupon: | 9%, payable quarterly
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| Price: | Par of $65.284
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| Payout at maturity: | Closing price of ConocoPhillips stock on Jan. 29, 2007, adjusted for any increase in quarterly dividends paid over $0.31, capped at 115% of par or $75.0766, payable in cash or stock at Lehman's option
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| Pricing date: | Jan. 27
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| Settlement date: | Feb. 3
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| Underwriter: | Lehman Brothers
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