FWP 1 f04-24_08finaltermdsheetd24.htm FWP

Filed Pursuant to Rule 433

Registration No: 333-134553

 

FINAL TERMS AND CONDITIONS

 

LEHMAN BROTHERS HOLDINGS INC.

Lehman Notes, Series D

Issuer:

Lehman Brothers Holdings Inc.

Ratings:[1]

Moody’s: A1

 

S&P: A+

 

Fitch: AA–

Principal Amount:

$7,876,000

Coupon:

7.25%

Yield:

7.25%

Issue Price:

100% of principal amount

Stated Maturity Date:

April 29, 2038, subject to the Call Date.

Call Date:

The Notes may be redeemed prior to the Stated Maturity Date at the option of Lehman Brothers Holdings Inc. in whole or in part at a price equal to 100% of the principal amount being redeemed, semi-annually on each April 29th or October 29th commencing on or after April 29, 2011. Notice of redemption will be given not more than 60 nor less than 30 days prior to the Call Date.

Interest Payment Dates:

Semi-annually on each April 29th and October 29th, commencing on October 29, 2008 and ending on the Stated Maturity Date subject to the Call Date.

Survivor’s Option:

Yes

Trade Date:

April 24, 2008

Settlement Date:

April 29, 2008

CUSIP:

52519FFM8

 

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 [1] A credit rating reflects the creditworthiness of Lehman Brothers Holdings Inc. and is not a recommendation to buy, sell or hold securities, and it may be subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.

 

 

 

 

FINAL TERMS AND CONDITIONS

 

 

Dealers:

Lehman Brothers Inc. (Joint Lead Agent)

 

Incapital LLC (Joint Lead Agent)

 

A.G. Edwards & Sons, Inc.

 

Banc of America Securities LLC

 

Charles Schwab & Co., Inc.

 

Citi

 

Edward D. Jones & Co., L.P.

 

Fidelity Capital Markets

 

Morgan Stanley

 

Raymond James

 

RBC Capital Markets

 

UBS Investment Bank

 

Siebert Capital Markets

 

Wachovia Securities LLC

 

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Lehman Brothers Inc. by calling 1-800-392-5000 or Incapital LLC by calling 1-800-289-6689.