Rule 424(b)(2)
Registration Nos. 33-65674
NASD File No. 930707011
PRICING SUPPLEMENT NO. 47
Dated April 28, 1994, to Prospectus
Supplement dated March 4, 1994
and Prospectus dated October 4, 1993
LEHMAN BROTHERS HOLDINGS INC.
Medium-Term Notes, Series E
(Floating Rate)
Due from Nine Months to 30 years from Date of Issue
Price to Public: 100% Initial Interest Rate: Prime Rate
on 5/5/94
Agent's Commission: .15%
Interest Rate Basis:
( ) Treasury Rate Original Issue Date: 5/5/94
( ) LIBOR Maturity Date: 6/5/95
( ) Commercial Paper Rate Maximum Interest Rate:______%
( ) Federal Funds Effective Rate Minimum Interest Rate:______%
( X) Prime Rate Spread Multiplier:__________%
( ) Other (see attached) Spread (+ -) -2.25%
Index Maturity: Daily
Interest Payment Period: Quarterly - as described in Prospectus
Supplement
Interest Reset Period: Daily
Interest Reset Dates: Daily
Interest Determination Dates: As described in Prospectus
Supplement
Note: The interest rate in effect on the fifth day prior to
Maturity Date shall be the Interest rate for that period
of time from such day to but excluding Maturity Date.
Interest Payment Dates: Fifth (5th) of every February,
May, August, November and Maturity
The aggregate principal amount of this offering is $35,000,000 and
relates only to Pricing Supplement No. 47. Medium-Term Notes, Series E
may be issued by the company in aggregate principal amount of up to
$2,500,000,000 and, to date, including this offering, an aggregate of
$1,737,150,000 Medium-Term Notes, Series E has been issued and
$1,737,150,000 are outstanding.
