Fifth Notice Regarding Disposition of LBI Estate Securities - December 2, 2013
News provided by
Office of the Trustee for the Liquidation of Lehman Brothers Inc.Dec 02, 2013, 11:10 ET
NEW YORK, Dec. 2, 2013 /PRNewswire/ -- James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act, in keeping with his statutory duty and ongoing focus of maximizing the value of the LBI general estate, along with his counsel at Hughes Hubbard & Reed LLP, continues to implement a strategy to liquidate securities and raise cash for distributions to customers and general creditors.
Consistent with the procedures outlined in the Notice dated October 28, 2013 (available at www.lehmantrustee.com), Miller Buckfire and Stifel Fixed Income are offering the list of Week 4 Securities listed in Exhibit A of this notice.
- Bids should be sent to [email protected] no later than 4:00pm Eastern Time on Tuesday, December 10, 2013 with the following information:
- Buyer Contact Information
- CUSIP
- Security Name
- Quantity Desired
- Bid Price
- Settlement Instructions (for DTC or physical settlement)[1]
- Miller Buckfire / Stifel will notify winning bidders no later than 10:00am Eastern Time on Wednesday, December 11, 2013.
- Securities will have reserve prices set at the discretion of the Trustee and Miller Buckfire/ Stifel.
Sales inquiries can be made to:
| Al Lhota Senior Managing Director T: +1 203 717 6524 |
Matthew Stewart Vice President T: +1 203 717 6483 |
Media Contact for the Trustee
Jake Sargent
[email protected]
202-569-5086
THE SECURITIES SOLD IN ANY AUCTION HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE ACT), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO, OR FOR THE BENEFIT OF, U.S. PERSONS ABSENT REGISTRATION UNDER, OR AN APPLICABLE EXEMPTION FROM, THE REGISTRATION REQUIREMENTS OF THE ACT AND APPLICABLE STATE SECURITIES LAW. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY THE AUCTION SECURITIES, AND SHALL NOT CONSTITUTE AN OFFER, SOLICITATION OR SALE IN ANY JURISDICTION IN WHICH, OR TO ANY PERSONS TO WHOM, SUCH OFFERING, SOLICITATION OR SALE WOULD BE UNLAWFUL.
| Exhibit A – Week 4 Securities |
|||
| Count |
Cusip/ISIN |
Security Description |
Quantity |
| 1 |
01030PEY8 |
ALABAMA HSG FIN AUTH MULTI FAMILY HSG REV FO (a)(b) |
7,050,000 |
| 2 |
XS0130765026 |
ENRON CORP (a)(c) |
2,000,000,000 |
| 3 |
2935618U3 |
ENRON CORP, ESCROW (a) |
7,615,000 |
| 4 |
2935619Q1 |
ENRON CORP, ESCROW (a) |
7,486,000 |
| 5 |
2935618S8 |
ENRON CORP, ESCROW (a) |
6,089,999 |
| 6 |
2935619Z1 |
ENRON CORP, ESCROW (a) |
3,000,000 |
| 7 |
2935619L2 |
ENRON CORP, ESCROW (a) |
2,500,000 |
| 8 |
2935619D0 |
ENRON CORP, ESCROW (a) |
475,000 |
| 9 |
2935619M0 |
ENRON CORP, ESCROW (a) |
51,000 |
| 10 |
347402AA7 |
FORT HAMILTON HSG LLC MILITARY HSG REV SERIE (a)(b)(d) |
4,765,000 |
| 11 |
658196RB8 |
NORTH CAROLINA EASTN MUN PWR AGY SYS RV REG (a)(b) |
300,000 |
| 12 |
844030AH9 |
SOUTHERN UN CO NEW SR NOTE |
14,390,000 |
| 13 |
871639985 |
SYNERGY PHARMACEUTICALS INC (b) |
48,826 |
| a) Securities will trade flat. Buyer to receive all distributions from trade date forward regardless of record date. |
|||
[1] Most securities will trade through BNY Mellon. Securities held in physical form may be subject to longer settlement periods.
SOURCE Office of the Trustee for the Liquidation of Lehman Brothers Inc.
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