Filed Pursuant to Rule 433
Registration No: 333-134553
FINAL TERMS AND CONDITIONS
LEHMAN BROTHERS HOLDINGS INC.
Lehman Notes, Series D
Issuer: |
| Lehman Brothers Holdings Inc. |
Ratings: |
| Moody’s: A1 |
|
| S&P: A+ |
|
| Fitch: AA– |
Principal Amount: |
| $1,178,000 |
Coupon: |
| 5.25% |
Yield: |
| 5.25% |
Issue Price: |
| 100% of principal amount |
Maturity Date: |
| January 30, 2014 |
Interest Payment Dates: |
| Semi-annually on each January 30th and July 30th, |
Survivor’s Option: |
| Yes |
Trade Date: |
| October 25, 2007 |
Settlement Date: |
| October 30, 2007 |
CUSIP: |
| 52519FEY3 |
Dealers: |
| Lehman Brothers Inc. (Joint Lead Agent) |
|
| Incapital LLC (Joint Lead Agent) |
|
| A.G. Edwards & Sons, Inc. |
|
| Banc of America Securities LLC |
|
| Charles Schwab & Co., Inc. |
|
| Citi |
|
| Edward D. Jones & Co., L.P. |
|
| Fidelity Capital Markets |
|
| Morgan Stanley |
|
| Raymond James |
|
| RBC Capital Markets |
|
| UBS Investment Bank |
|
| Siebert Capital Markets |
|
| Wachovia Securities LLC |
FINAL TERMS AND CONDITIONS
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Lehman Brothers Inc. by calling 1-800-392-5000 or Incapital LLC by calling 1-800-289-6689.