Lehman Brothers launches second issue of Kick Out Performance Plan

Lehman Brothers has launched the second issue of its five-year Kick Out Performance Plan, with two options linked to the FTSE 100 index. One option offers an annual kick-out providing 14% and the other option offers a six-month kick-out, potentially delivering a 6% return for every six months the plan is active, with 11 six-monthly opportunities for early maturity.

“With Issue 2 of the Kick Out Performance Plan, we’ve been able to put out an even higher rate,” says Paul Adams head of sales for UK structured retail products at Lehman in London. “We are able to offer this exceptional rate because pricing has moved in our favour, led by the increased volatility in the FTSE Index in recent weeks.”

The plan differs from the first tranche, which offered 12% based on the FTSE, while the second option was based on both the FTSE 100 and Xinhua indexes. “The problem

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here