New Issue-Lehman Brothers sells $2.5 bln 10-yr notes

Thu Apr 17, 2008 5:30pm EDT

  April 17 (Reuters) - Lehman Brothers Holdings Inc LEH.N,
on Thursday sold $2.5 billion in 10-year senior notes, said
market sources.
  Lehman Brothers was the sole bookrunning manager for the
sale.
BORROWER: LEHMAN BROTHERS HOLDINGS INC
AMT $2.5 BLN     COUPON 6.875 PCT    MATURITY 5/2/2018  
TYPE SR NTS      ISS PRICE 99.669    FIRST PAY 11/2/2008
MOODY'S A1       YIELD 6.921 PCT     SETTLEMENT 4/24/2008
S&P A-PLUS       SPREAD 320 BPS      PAY FREQ SEMI-ANNUAL
FITCH AA-MINUS    MORE THAN TREAS    NON-CALLABLE       

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