Third Notice Regarding Disposition of LBI Estate Securities - November 12, 2013

News provided by

Office of the Trustee for the Liquidation of Lehman Brothers Inc.

Nov 12, 2013, 07:22 ET

NEW YORK, Nov. 12, 2013 /PRNewswire-USNewswire/ -- 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 2 Securities listed in Exhibit A of this notice.

Bids should be sent to [email protected] no later than 4:00 p.m. Eastern Time on Tuesday, November 19, 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 10:00 a.m. Eastern Time on Wednesday, November 20, 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
[email protected]
T: +1 203 717 6524

Matthew Stewart
Vice President
[email protected]
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.

Count		Cusip/ISIN	Security Description	Quantity
	1	022069AF5	ALTOS HORNOS DE MEXICO SA SR NOTE SER A ORG (a)	5,885,000
	2	022069AA6	ALTOS HORNOS DE MEXICO SR DISC NOTES (a) (b)	1,000,000
	3	USP0248NAC85	ALTOS HORNOS MEXICO SA SR NOTE REGS (a)	160,000
	4	131ESC9C1	CALPINE CORP, 144A, ESCROW CUSIP (a)	183,791,000
	5	131ESC9D9	CALPINE CORP, 144A, ESCROW CUSIP (a)	134,000,000
	6	131ESC9K3	CALPINE CORP, 144A, ESCROW CUSIP (a)	77,921,000
	7	131ESC9B3	CALPINE CORP, ESCROW 4 144A (a)	77,695,000
	8	206058AB5	CONCHO VLY TEX HSG FIN CORP, SGL FAM REV CUST (a)	875,000
	9	53225KAB9	LIGHTPOINT CLO VIII LTD, SERIES 2007-8IE CLAS (c)	403,000
	10	613907BG8	MONTGOMERY CNTY TEX HSG FIN CORP, MULTI-FA (a)(c)	3,830,000
	11	656570AB4	NORTEX HSG FIN CORP, TEX SGLFAM REV CUST RCP (a)(c)	2,406,250
	12	658196RB8	NORTH CAROLINA EASTN MUN PWR AGY SYS RV REG(a)(c)	300,000
	13	721905DX2	PIMA CNTY ARIZ INDL DEV AUTH S SINGLE FAM MT (a)	100,000
	14	ARARGE03E121	REPUBLIC OF ARGENTINA (a)	9,890,997
	15	040114AH3	REPUBLIC OF ARGENTINA ORIG MAT 12/20/03 (a)	500,000
	16	87959YAA1	TELIGENT INC, SR NOTES (a)	11,010,099
	17	46507NAA8	THE ISRAEL ELECTRIC CORP LTD, REG S	100,000
	18	925817AD0	VICORP, RESTAURANTS INC, SR NOTE (a)	1,880,000
	19	951846BJ2	WEST CENTRAL TEX HSG FIN CORP, SGL FAM REV CU (a)	1,968,750

a)    Securities will trade flat. Buyer to receive all distributions from trade date forward regardless of record date.
b)    970,000 of face held at DTC; 30,000 of face held at Euroclear.
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.