-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RKjOsfG1cqVYSsLerJ9WRJ4x+8ig0fDWLo2xKRlVG82dKqKT9zWC+c5PEoFFOCHG Hfc0ynzyWu4CpdpuhQIfOQ== 0001104659-07-065934.txt : 20070829 0001104659-07-065934.hdr.sgml : 20070829 20070829161128 ACCESSION NUMBER: 0001104659-07-065934 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070829 DATE AS OF CHANGE: 20070829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEHMAN BROTHERS HOLDINGS INC CENTRAL INDEX KEY: 0000806085 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 133216325 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 424B2 SEC ACT: 1933 Act SEC FILE NUMBER: 333-134553 FILM NUMBER: 071087816 BUSINESS ADDRESS: STREET 1: LEHMAN BROTHERS STREET 2: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2125267000 MAIL ADDRESS: STREET 1: LEHMAN BROTHERS STREET 2: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: SHEARSON LEHMAN HUTTON HOLDINGS INC DATE OF NAME CHANGE: 19901017 424B2 1 a07-20842_70424b2.htm 424B2

Calculation of the Registration Fee

Title of Each Class of Securities
Offered

 

Maximum Aggregate Offering
Price

 

Amount of Registration Fee(1)(2)

 

Notes

 

$590,000,000.00

 

$18,113.00

 

 

(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933.

(2) Pursuant to Rule 457(p) under the Securities Act of 1933, filing fees have already been paid with respect to unsold securities that were previously registered pursuant to a Registration Statement on Form S-3 (No. 333-134553) filed by Lehman Brothers Holdings Inc. and the other Registrants thereto on May 30, 2006, and have been carried forward, of which $18,113.00 is offset against the registration fee due for this offering and of which $995,936.40 remains available for future registration fees. No additional registration fee has been paid with respect to this offering.



Filed Pursuant to Rule 424(b)(2)
Registration No. 333-134553

PRICING SUPPLEMENT NO. 367 dated August 27, 2007
to Prospectus Supplement dated May 30, 2006
and Prospectus dated May 30, 2006

LEHMAN BROTHERS HOLDINGS INC.
Medium-Term Notes, Series I

This Pricing Supplement supplements the terms and conditions in, and incorporates by reference, the Prospectus, dated May 30, 2006, as supplemented by the Prospectus Supplement, dated May 30, 2006 (the “Prospectus Supplement”) (as so supplemented, together with all documents incorporated by reference therein, the “Prospectus”), and should be read in conjunction with the Prospectus. Unless otherwise defined in this Pricing Supplement, terms used herein have the same meanings as are given to them in the Prospectus.

CUSIP No.:

 

52517P5D9

 

 

 

 

 

 

 

ISIN:

 

US52517P5D90

 

 

 

 

 

 

 

Specified Currency:

 

Principal:

 

U.S. Dollars

 

 

Interest:

 

U.S. Dollars

 

 

 

 

 

Principal Amount:

 

$590,000,000

 

 

 

 

Total

 

Per Note

 

Issue Price:

 

$

590,000,000

 

100.00

%

Agents’ Commission:

 

$

885,000

 

0.15

%

Proceeds to Lehman Brothers Holdings Inc.:

 

$

589,115,000

 

99.85

%

 

On the Issue Date, we may, without the consent of the holders of the Notes, issue additional notes similar to these Notes in all respects except for the Issue Price. Following the Issue Date, we may, without the consent of the holders of Notes, create and issue additional notes similar to

 

1



these Notes except for the Issue Date, Issue Price and the payment of interest accruing prior to the Issue Date of such additional notes. All such additional notes will be consolidated and form a single tranche with, have the same CUSIP and ISIN numbers as and trade interchangeably with these Notes.

Agent:

Lehman Brothers

 

 

 

Agent’s Capacity:

x As principal

o As agent

 

 

x The Notes are being offered at a fixed initial public offering price equal to the Issue Price.

 

 

o The Notes are being offered at varying prices relating to prevailing market prices at the time of sale.

 

 

Trade Date:

August 27, 2007

 

 

Issue Date: 

August 30, 2007

 

 

Stated Maturity Date:

September 26, 2008

 

 

Date From Which Interest Accrues:

x Issue Date

 

o Other:

 

 

 

 

o

Fixed Rate Note

 

 

 

 

Interest Rate per Annum:

 

%

 

 

 

x

Floating Rate Note

o

CD Rate

 

o

Commercial Paper Rate

 

o

Federal Funds (Effective) Rate

 

o

Federal Funds (Open) Rate

 

x

LIBOR Telerate (Reuters Screen LIBOR01 Page as
the successor to LIBOR Telerate)

 

o

LIBOR Reuters

 

o

EURIBOR

 

o

Treasury Rate:

Constant Maturity

o  Yes  o  No

 

o

Prime Rate

 

o

Eleventh District Cost of Funds Rate

 

o

CMS Rate

 

o

Other:

 

 

 

 

Index Maturity:

3 month (LIBOR shall be interpolated for the first interest payment to account for the longer first interest period)

 

 

Spread:

Plus 0.02%

 

 

Spread Multiplier:

Not applicable

 

 

 

2



 

Maximum Rate:

Not applicable

 

 

Minimum Rate:

Not applicable

 

 

Interest Payment Dates:

Quarterly on the 27th of each March, June, September and December, commencing on December 27, 2007

 

 

Interest Determination Dates:

Two London business days prior to the first day of the relevant interest period

 

 

Interest Reset Dates:

Each Interest Payment Date

 

 

Business Day Convention:

Modified Following

 

 

Adjusted:

x  Yes       o  No

 

 

Calculation Agent:

Citibank, N.A.

 

 

Optional Redemption:

Not applicable

 

 

Authorized Denominations:

$1,000 and whole multiples of $1,000

 

 

Form of Note:

x  Book-entry only (global)

o  Certificated

 

 

 

 

 

 

 

 

 

 

CERTAIN UNITED STATES FEDERAL INCOME TAX CONSEQUENCES

We intend to treat the Notes as variable rate debt instruments, as described under “Supplemental United States Federal Income Tax Consequences—Variable Rate Debt Instruments” in the Prospectus Supplement.

SUPPLEMENTAL INFORMATION CONCERNING THE PLAN OF DISTRIBUTION

Lehman Brothers Holdings Inc. has agreed to sell to Lehman Brothers Inc. (the “Agent”), and the Agent has agreed to purchase from Lehman Brothers Holdings Inc. the principal amount of the Notes at the price specified on the cover of this pricing supplement. The Agent is committed to take and pay for all of the Notes, if any are taken.

The Agent proposes to offer the Notes initially at a public offering price equal to the Issue Price set forth above and to certain dealers at a discount to such price. After the initial public offering, the public offering price and other selling terms may from time to time be varied by the Agent.

If the Notes are sold in a market-making transaction after their initial sale, information about the purchase price and the date of the sale will be provided in a separate confirmation of sale.

 

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