more offers of broker pitched crap in my mailbox, I ought to securitize and sell my future stream of bowel movements, anyone want to participate in the upside? -g-
Dear Harrisdirect Investor:
Harrisdirect is pleased to announce that it is a member of the Dealer Group in the offering of a new structured product by Lehman Brothers Holdings Inc. called the S&P 500 Index SUNS.
The S&P 500 Index SUNS allow investors to have full principal protection and participate on a limited basis in the upside potential of the S&P 500 Index, if held to maturity. The notes are senior unsecured debt of Lehman Brothers Holdings, Inc.
You may access the prospectus for the offering in the Harrisdirect IPO Center and click on the S&P 500 Index SUNS issue in the Current Fixed-Income & Structured Products Offerings section of the Web site. Harrisdirect is acting as a member of the Dealer Group for the issue.
Details of the SUNS offering.
Name of Offering Company: Lehman Brothers Holdings Inc. S&P 500 Index SUNS
Type of Offering: Initial Public Offering
Symbol: PSZ.B
CUSIP: 524908ED8
Type of Security: Corporate Note
Expected Size of Offering: $20,000,000
Expected Price Range: $1,000 per security
Expected Pricing Date: 04/25/2002
Brief Description of Offering Company: Lehman Brothers Holdings Inc. S&P 500 Index SUNS (Stock Upside Note Securities) are a series of senior debt of Lehman Brothers Holdings whose value is linked to the S&P 500 Index, as calculated by Standard & Poor's, a division of McGraw-Hill, Inc.
Lead Manager: Lehman Brothers
As with other investments, there are risks involved when investing in new issues. Harrisdirect is not recommending or endorsing this offering. Your decision to invest in securities should be based on your independent review of any prospectus, including the risk factors described therein, and consideration of your investment objectives, risk tolerance, financial condition, and liquidity needs.
This communication does not constitute an offer to sell or a solicitation of an offer to buy. There can be no sale of these securities in any jurisdiction in which an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities law of such jurisdiction.
This communication does not constitute a prospectus in whole or in part. This communication is not an offer to sell to, nor the solicitation of an offer to buy from, residents of any particular state and is not directed to any person in a state by or on behalf of the issuer of the securities.
Thank you for choosing Harrisdirect as your online brokerage firm.
Sincerely,
Harrisdirect LLC
Member SIPC, NASD
|
