2014

Fourth Notice Regarding Disposition of LBI Estate Securities - November 18, 2013

NEW YORK, Nov. 18, 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 3 Securities listed in Exhibit A of this notice.

  • Bids should be sent to LBI@stifel.com  no later than 4:00pm Eastern Time on Tuesday, November 26, 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, November 27, 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
alan@stifel.com
T: +1 203 717 6524

Matthew Stewart
Vice President
stewartma@stifel.com
T: +1 203 717 6483

Media Contact for the Trustee:
Jake Sargent
jsargent@apcoworldwide.com  
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.

Count

Cusip/ISIN

Security Description

Quantity

1

03938LAD6

***ARCELORMITTAL SA LUXEMBOURG NT 144A

300,000

2

XS0272770396

***GE CAPITAL EURO FUNDING EURO MEDIUM TERM

90,000

3

87927VAC2

***TELECOM ITALIA CAPITAL SENIOR NOTE SER C

250,000

4

006ESCAP2

ADELPHIA COMMUNICATIONS CORP, SR NOTE SER B (a)(b)

6,334,000

5

006ESCBD8

ADELPHIA COMMUNICATIONS CORP, SR NOTE, ESCRO (a)(b)

356,000

6

006ESCAU1

ADELPHIA COMMUNICATIONS CORP, SR NTS SER-B (a)(b)

1,000,000

7

006ESCBE6

ADELPHIA COMMUNICATIONS CP SENIOR NOTES, ES (a)(b)

3,268,200

8

006ESCBF3

ADELPHIA COMMUNICATIONS SENIOR NOTES, ESCRO (a)(b)

6,510,000

9

006ESCBJ5

ADELPHIA COMMUNICATIONS SENIOR NOTES, ESCRO (a)(b)

4,439,000

10

00685R789

ADELPHIA RECOVERY TRUST SER ACC-6 E/F INT (a)

11,166,214

11

413627AY6

HARRAHS OPER INC, SR NT 144A

350,000

12

48632FAC5

KAUPTHING BK HF MEDIUM TERM SR BK NTS 144 (a)

5,000,000

13

486MMI9C7

KAUPTHING BK HF MEDIUM TERM SR BK NTS 144 (a)(b)

10,000,000

15

524ESCV80

LEHMAN BROTHER HLD INC, ESCROW CUSIP (a)

30,000

14

525ESCAJ8

LEHMAN BROTHERS HOLDINGS INC, ESCROW CUSIP (a)

2,000,000

15

525ESCAL3

LEHMAN BROTHERS HOLDINGS INC, ESCROW CUSIP (a)

130,000

16

525ESC7S2

LEHMAN BROTHERS HOLDINGS INC, ESCROW CUSIP (a)

50,000

17

524ESC9J1

LEHMAN BROTHRS-SUNS D04/29/03 ESCROW CUSIP (a)

20,000

18

524ESC9A0

LEHMAN BRTH HLD (SGP), ESCROW CUSIP (a)

20,000

19

525ESC646

LEHMAN BRTH HLD INC, ESCROW CUSIP (a)

16,000

20

525ESCLN7

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

444,000

21

525ESC9O9

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

230,000

22

525ESC7P8

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

200,000

23

525ESC8O0

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

160,000

24

525ESC2S7

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

140,000

25

525ESC0D2

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

70,000

26

525ESC4D8

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

50,000

27

525ESCAV1

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

46,000

28

525ESC6E4

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

30,000

29

525ESC4T3

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

30,000

30

525ESC5N5

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

25,000

31

525ESCAU3

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

20,000

32

525ESC5A3

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

16,000

33

525ESC4V8

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

12,000

34

525ESC8V4

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

7,000

35

525ESCJL4

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

3,000

36

525ESCHW2

LEHMAN BRTHRS HLDGR ESCROW CUSIP (a)

3,000

37

589ESCAC6

MERISANT CO ESCROW CUSIP (a)(b)

32,808,000

38

6046759B6

MIRANT CORP, ESCROW (a)

6,640,000

39

6046759C4

MIRANT CORP, ESCROW (a)

3,411,000

40

60467Q995

MIRANT TR I 6.25% CONV PFD SER A ESCROW SH (a)

16,984

41

640ESC992

NELL AF SARL F ESCROW CUSIP 144A (a)(b)

600,000

42

882330AB9

TEXAS COMPETITIVE ELEC HLDGS LLC SENIOR NOTE (a)

473,432

43

893871AJ2

TRANSPORTADORA DE GAS DEL (a)(b)

5,517,843

44

USP93081AK63

TRANSPORTADORA GAS NORTE REG S

275,642

a)    Securities will trade flat. Buyer to receive all distributions from trade date forward regardless of record date.

b)    Security chilled at DTC.  Will require frozen letter to unchill.

c)    Settles via physical delivery.

[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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