Published on 2/27/2006 in the Prospect News Convertibles Daily.
New Issue: Lehman prices $50 million 20% Yeelds linked to AMD
By Angela McDaniels
Seattle, Feb. 27 - Lehman Brothers Holdings Inc. priced $50 million of 20% Yeelds (Yield Enhanced Equity-Linked Debt Securities) due Aug. 29, 2006 linked to the common stock of Advanced Micro Devices Inc., 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 notes, series H
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| Underlying stock: | Advanced Micro Devices Inc.
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| Amount: | $50,000,033
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| Greenshoe: | $7,499,966
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| Maturity: | Aug. 29, 2006
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| Coupon: | 20%, payable monthly
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| Price: | Par of $41.00
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| Payout at maturity: | Final value of Advanced Micro Devices stock on Aug. 22, 2006, capped at 110% of par or $45.10, payable in cash or stock at Lehman's option
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| Pricing date: | Feb. 23
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| Settlement date: | March 2
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| Underwriter: | Lehman Brothers Inc.
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