Bloomberg News

Lehman U.K. Liquidators Announce $5.4 Billion Creditor Payout

June 20, 2013

Administrators of Lehman Brothers Holdings Inc.’s U.K. unit said they would pay unsecured creditors an interim dividend totaling 3.5 billion pounds ($5.4 billion), or 43.3 percent of each claim.

PricewaterhouseCoopers LLP said the second dividend, scheduled for June 28, brings the total recovery for creditors of Lehman Brothers International Europe to 68.5 pence in the pound.

To contact the reporter on this story: Kit Chellel in London at cchellel@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net


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