Lehman Brothers Holdings Inc. to Sell $2.5 Billion of Claims against Lehman Brothers Inc.

NEW YORK--()--Lehman Brothers Holdings Inc. and certain of its controlled affiliates (“Lehman”) announced today that they agreed to sell $2.5 billion face amount of their remaining general unsecured claims (the “Claims”) against Lehman Brothers Inc.

The sale of the Claims is subject to certain closing conditions.

Lehman was represented by Weil, Gotshal & Manges LLP in connection with the sale.

Contacts

Media:
Lehman Brothers Holdings Inc.
Kimberly Macleod, 646-285-9215
kmacleod@lehmanholdings.com

Contacts

Media:
Lehman Brothers Holdings Inc.
Kimberly Macleod, 646-285-9215
kmacleod@lehmanholdings.com