New Issue: Lehman prices $57.6 million 1.25% notes linked to Whole Foods

By Jennifer Chiou

New York, Aug. 2 - Lehman Brothers Holdings Inc. priced $57.6 million 1.25% notes due 2012 performance linked to Whole Foods Market, Inc. common stock, according to a 424B5 filing with the Securities and Exchange Commission.

Issuer:	Lehman Brothers Holdings Inc.
Issue:	Performance-linked medium-term series H senior notes
Underlying stock:	Whole Foods Market, Inc.
Amount:	$57.6 million
Greenshoe:	$8.64 million
Maturity:	Aug. 5, 2012
Coupon:	1.25%
Price:	Par
Exchange premium:	21.21%
Exchange price:	$162.11838
Payout at maturity:	Greater of par in cash or percentage appreciation above exchange price of $162.11838 plus accrued interest
Call:	July 29, 2008 onwards
Dividend protection:	Conversion ratio adjustment
Pricing date:	July 29
Settlement:	Aug. 5
Underwriter:	Lehman Brothers
Distribution:	Off shelf

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