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Lehman Brothers Holdings Capital Trust II, 7.875% Preferred Securities Series J
Ticker Symbol: LEH-J** CUSIP: 52518G209 Exchange: NYSE
* NOTE: This security is no longer trading as of 6/30/2004
Security has been Called for: Wednesday, June 30, 2004
May 21, 2004 Lehman Brothers Holdings Inc. (NYSE: LEH) today announced that Lehman Brothers Holdings Capital Trust II has called for redemption all of the issued and outstanding shares of the Trust’s 7.875% Preferred Securities, Series J, liquidation amount $25.00 per preferred security, at a redemption price of $25.00 per Preferred Security, together with accrued and unpaid distributions to the redemption date of June 30, 2004. There are currently 15,400,000 Preferred Securities outstanding. The Preferred Securities trade on the New York Stock Exchange under the NYSE symbol LEHPRJ.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Lehman Brothers Holdings Capital Trust II, 7.875% Preferred Securities, Series J, liquidation amount $25 per share, guaranteed by Lehman Brothers Holdings Inc. (NYSE: LEH), redeemable at the issuer's option on or after 6/30/2004 at $25 per share plus accrued and unpaid dividends, maturing 6/30/2048, distributions of 7.875% per annum are paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record one business day prior to the payment date while the securities remain in book-entry form. The company has the right, at any time, to defer interest payments for up to 20 consecutive quarters (but not beyond the maturity date). The trust's assets consist of the 7.875% Subordinated Deferrable Interest Debentures due 6/30/2048 which were purchased from the company using the funds generated from the sale of the trust preferred securities. See the IPO prospectus for further information on the trust preferred securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (LEHMQ)
IPO - 4/19/1999 - 14.40 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $368.0 Million
Company's Online Information Links
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Company's Online SEC EDGAR Filings |
Company's Email Address Links |
Address and Phone Numbers |
Address: 745 Seventh Avenue, 15th Floor, New York, NY 10019 |
Main Phone Number |
212-526-7000 |
Fax Number |
212-526-3738 |
Investor Relations
Shaun K. Butler
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212-526-3267
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Toll Free Phone Number |
800-666-2388 |
CEO - Richard S. Fuld, Jr. |
CFO - Erin M. Callan |
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