Lehman Brothers UK Announces Interim Payment Proposal

On September 16, 2025, Lehman Brothers UK Capital Funding II LP announced a proposed interim payment for holders of its EUR 250,000,000 fixed rate guaranteed non-voting, non-cumulative perpetual preferred securities, designated as "LP II Securities." The formal notice, linked in the announcement, provides essential details for registered and beneficial owners of these securities.

The liquidation of LB GP No.1 Ltd, the associated company, has significant implications for holders of these securities. Investors and intermediaries are urged to review the notice to understand the impact on their holdings and ensure timely dissemination to beneficial owners.

Questions regarding the notice can be directed to Samantha Hawkins at RSM UK Restructuring Advisory LLP. The announcement is disseminated by EQS News, a service approved by the Financial Conduct Authority as a Primary Information Provider in the UK.