Minibond swap agreements terminated in Singapore

The trustee has informed the Monetary Authority of Singapore (MAS) that it has not ruled out any restructuring proposals received from interested parties. To provide noteholders with an independent opinion on the options that best serve their interests, the MAS has appointed Deloitte & Touche Corporate Finance (DTCF) as an independent financial adviser on the Lehman Minibond notes programme. Payment of any resulting liabilities amounts from the termination would be subject to the terms of

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