Replies to post #30238 on Lehman Brothers Financial SA (LEHNQ)

[Nellafom]

JPM is also our transfer agent for our newly uplisted Cts.

And JPM ain't talkin.

[Luddy350]

Now I can't tell for sure at the moment if these notes are the same as mentioned in the POR, but the European ones in the POR are class 10A (and just ahead of us in the waterfall which is still exciting news).

The SEC link you provided lists the ECAP (E for Enhanced, not Euro) as "Floating Rate Enhanced Capital Advantaged Preferred Securities" due in 2035, which looks to possibly be the same as the first entry in class 10A, which have a due date of 2035-

(a) the Floating Rate Junior Subordinated Deferrable Interest Debentures due 2035 issued pursuant to the Eighth Supplemental Indenture, dated as of August 19, 2005, between LBHI and JPMorgan Chase Bank, as trustee;

This makes sense as the article link on the PwC states they are getting their second distribution ready. We should have gotten something already if they were on par with us or after, so I'm thinking they are class 10A. And if they are 10A, this is still great news because the article mentions money being left over.

What do you think?