Lehman plans to distribute $14.2 bln to creditors

March 27 Wed Mar 27, 2013 9:02am EDT

March 27 (Reuters) - Lehman Brothers Holdings Inc on Wednesday said it plans to distribute about $14.2 billion to creditors early next month, as the company winds down following its emergence last year from bankruptcy protection.

The distribution includes about $9.4 billion to third-party creditors and affiliates, $4.4 billion among other debtors, and $370 million for newly-allowed claims.

Lehman said the distribution will be made on April 4.

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