Replies to post #98950 on Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

LBHI has experienced CTs Executory Contracts covenant's rights issues in 2005:

The CTs' Parity Clause is big medicine... LBIE,ECAPs,...510(a)!

Due to covenants contained in certain of our debt agreements and regulations relating to capital requirements affecting certain of our more significant subsidiaries, the ability of certain subsidiaries to pay dividends and other distributions and make loans to us is restricted. At November 30, 2005, approximately $7.6 billion of net assets of our subsidiaries were restricted as to the payment of dividends to us. Additionally

https://sec.report/Document/0001047469-06-007275/#toc_dg3146_7