New Issue: Lehman prices $50 million 18.55% Yeelds linked to Whole Foods

New York, Nov. 16 - Lehman Brothers Holdings Inc. priced $50 million of 18.55% notes in the Yield-Enhanced Equity-Linked Debt Securities (Yeelds) structure linked to Whole Foods Market, Inc. common stock, according to a 424B5 filing with the Securities and Exchange Commission.

If Whole Foods Market stock never trades below the trigger price of $105.765, 75% of the initial value, during the life of the notes, investors receive par. Otherwise the notes pay the value of one share of Whole Foods stock, capped at the initial value of $141.02.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Yield-Enhanced Equity-Linked Debt Securities (Yeelds) performance-linked medium-term senior notes
Underlying stock:	Whole Foods Market, Inc.
Amount:	$50 million
Greenshoe:	$7.5 million
Maturity:	May 21, 2006
Coupon:	18.55%
Price:	Par of $141.02
Payout at maturity:	If stock never trades below trigger price, par; otherwise value of 1 share of Whole Foods Market stock, capped at $141.02, equivalent to initial value
Equity cap price:	$141.02, equal to initial value
Initial price:	$141.02
Trigger price:	$105.765, 75% of initial value
Pricing date:	Nov. 14
Settlement date:	Nov. 21
Underwriter:	Lehman Brothers

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