Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Additional info from the prospectus:


The trust is being established for the following purposes only:

•
to issue the preferred securities, which represent undivided beneficial ownership interests in the trust's assets, in exchange for Holdings' subordinated debentures;

•
to issue the common securities to Holdings in a total liquidation amount equal to at least 3% of the trust's total capital in exchange for Holdings' subordinated debentures; and

•
to engage in activities that are directly related to these activities, such as registering the transfer of the preferred securities.

Because the trust is being established only for the purposes listed above, the subordinated debentures will be the sole assets of the trust, and payments under the subordinated debentures will be the sole source of income to the trust.
+++++++++++++++++++++++++++++++++++++

Sole asset of the trust.. Not an asset of the trustee.