Rule 424(b)(2)
Registration Nos. 33-65674
NASD File No. 930707011
PRICING SUPPLEMENT NO. 52
Dated May 25, 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: 99.779% Initial Interest Rate: 5.275%
Agent's Commission: .50%
Interest Rate Basis:
( ) Treasury Rate Original Issue Date: 5/27/94
( X) LIBOR - 3 month Maturity Date: 5/20/99
( ) Commercial Paper Rate Maximum Interest Rate:______%
( ) Federal Funds Effective Rate Minimum Interest Rate:______%
( ) Prime Rate Spread Multiplier:__________%
( ) Other (see attached) Spread (+ -) +.65%
Index Maturity: 3 month
Interest Payment Period: Quarterly
Interest Reset Period: Quarterly
Interest Reset Dates: Twentieth (20th) of every February, May
August, November
Interest Determination Dates: Two (2) London business days
prior to interest payment dates
Interest Payment Dates: Twentieth (20th) of every February, May
August, November and Maturity
The aggregate principal amount of this offering is $200,000,000 and
relates only to Pricing Supplement No. 52. 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
$1,997,150,000 Medium-Term Notes, Series E has been issued and
$1,997,150,000 are outstanding.
Commencing May 20, 1996, and on every Interest Payment Date thereafter
the Issuer has the option to redeem the Note to which this Pricing
Supplement relates in whole at 100% of the principal amount thereof plus
interest accrued thereon to the date of such redemption by giving notice
in accordance with the provisions of the Prospectus Supplement to which
this Pricing Supplement relates.