Lehman Brothers Financial SA (LEHNQ)

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Lehman Brothers Holdings PLC Update - October 2025
The administrators of LBH would like to provide creditors with an updated, illustrative financial outcomes for LBH.

In summary, based on certain predictions and assumptions and subject to the usual and important caveats which creditors should bear in mind, we continue to calculate that in all illustrative scenarios, LBH would be able to pay their remaining statutory interest obligations to unsubordinated creditors in full, and there would be a return for LBH’s subordinated creditors. Any variance in the final outcome for LBH’s subordinated creditors would continue to be largely driven by the outcome of the remaining LBIE asset recoveries (largely in respect of its US tax refund claim filed with the Internal Revenue Services as well as claims into two overseas insolvencies).

Capitalised terms in this announcement take their meaning from previous announcements which are available on LBH’s website.

https://www.pwc.co.uk/services/business-restructuring/administrations/lehman/lehman-brothers-holdings/other-notices.html