Wednesday, December 13, 2017 4:47:41 PM
***
"These will be newly issued preferreds post bankruptcy. That does not give the CTs parity. The CTs are now only a class 10b creditor claim against the estate on LBHI. The issuance of these new preferreds does not change that."
***
**** Statement from LEHNQ 52520X208 Lehman Brothers Holdings Capital
Trust VI Prospectus
"The guarantee will constitute an unsecured obligation of Lehman
Brothers Holdings and will rank:
on a parity with the most senior preferred or preference stock now or
hereafter issued by Lehman Brothers Holdings and with any guarantee
now or hereafter entered into by Lehman Brothers Holdings in respect
of any preferred securities of any affiliate of Lehman Brothers
Holdings, and
"
https://www.sec.gov/Archives/edgar/data/806085/000104746905000357/a2149684z424b2.htm
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