Dear Eligible Claimant,
The final purchase price (the “Rate”) for each class of claims in the Claims Consolidation Auction is available at: Epiq 11, and are also shown further below.
As described previously in information sent to you by mail and email, the United States Bankruptcy Court for the Southern District of New York has approved a process that provides you with an opportunity to sell and monetize the remaining value of your claim against Lehman Brothers Holdings Inc. (“LBHI”). This process will allow you to receive a final payment in November 2019, rather than wait for future distributions over time from LBHI. If you have already submitted your election, you will automatically receive the relevant Rate for your Claim(s).
The Election Deadline is 6:00 p.m. (ET) on November 14, 2019. Participation is voluntary, but if you wish to participate, you must submit your Election, Assignment, and Release so that it is received by the Election Agent by the Election Deadline.
Eligible Class
Final Purchase Price Rate
LBHI CLASS 3 - SENIOR UNSECURED
1.298%
LBHI CLASS 4A SENIOR AFFILIATE CLAIMS
1.130%
LBHI CLASS 4B - SENIOR AFFILIATE GUARANTEE
1.055%
LBHI CLASS 5 - SENIOR THIRD-PARTY GUARANTEE
0.900%
LBHI CLASS 7 - GENERAL UNSECURED
1.174%
LBHI CLASS 8 - AFFILIATE CLAIMS
1.069%
LBHI CLASS 9A - THIRD PARTY GUARANTEE DERIVATIVES
0.826%