see page 41
all trust are secured by lehmans junior subordinated notes I just dont know how many for each class but if jr subs get paid we get paid
Trust Securities
Lehman formed certain trusts or limited partnerships (collectively, the
“Trusts”), which acquired Lehman’s junior subordinated notes and issued trust preferred
securities secured by Lehman’s junior subordinated securities.
The following table summarizes the key terms of Trusts with outstanding
securities at November 30, 2007:
November 30, 2007 Issuance Date Mandatory
Redemption Date
Redeemable by Issuer
on or after
Holdings Capital Trust III, Series K March 2003 March 15, 2052 March 15, 2008
Holdings Capital Trust IV, Series L October 2003 October 31, 2052 October 31, 2008
Holdings Capital Trust V, Series M April 2004 April 22, 2053 April 22, 2009
Holdings Capital Trust VI, Series N January 2005 January 18, 2054 January 18, 2010
Holdings Capital Trust VII May 2007 June 1, 2043(1) May 31, 2012
Holdings Capital Trust VIII May 2007 June 1, 2043(1) May 31, 2012
U.K. Capital Funding LP March 2005 Perpetual March 30, 2010
U.K. Capital Funding II LP September 2005 Perpetual September 21, 2009
Holdings E-Capital Trust I August 2005 August 19, 2065 August 19, 2010
U.K. Capital Funding III LP February 2006 February 22, 2036 February 22, 2011
U.K. Capital Funding IV LP January 2007 Perpetual April 25, 2012
U.K. Capital Funding V LP May 2007 Perpetual June 1, 2012
(1) Or on such earlier date as Lehman may have elected in connection with a remarketing.
