Lehman Brothers Holdings launches $2 bln in debt

May 2nd, 2008 | by admin |

NEW YORK, May 2 (Reuters) - Lehman Brothers Holdings Inc.(LEH.N: Quote, Profile, Research) launched $2 billion in 30-year debt, with pricingexpected later on Friday, said a market source familiar withthe sale.

The debt is expected to yield 3.05 percentage points overU.S. Treasuries.

Lehman Brothers is the sole lead manager on the sale. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

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