(Bloomberg) -- Lehman Brothers Holdings Inc., which
holds more than $2 billion of debt, property and other assets in
Japan, sold 78.7 billion yen ($646 million) of bonds backed by
real estate in the nation, its biggest sale of such securities.
Lehman sold the bonds to Japanese banks and other investors,
said Mark Gabbay, the firm's managing director in Tokyo. The
bonds were split into 10 portions with different credit ratings
and maturities, he said.
Read more at Bloomberg Bonds News
holds more than $2 billion of debt, property and other assets in
Japan, sold 78.7 billion yen ($646 million) of bonds backed by
real estate in the nation, its biggest sale of such securities.
Lehman sold the bonds to Japanese banks and other investors,
said Mark Gabbay, the firm's managing director in Tokyo. The
bonds were split into 10 portions with different credit ratings
and maturities, he said.
Read more at Bloomberg Bonds News
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