Lehman Brothers Holdings Capital Trust III

Lehman Brothers Holdings Capital Trust III is a Delaware statutory trust that was established by Lehman Brothers Holdings Inc. to issue preferred securities. The trust's primary assets consisted of subordinated debentures issued by Lehman Brothers Holdings Inc. Following the 2008 Chapter 11 bankruptcy filing of Lehman Brothers Holdings Inc., the trust is currently in bankruptcy or reorganization proceedings. Its ongoing operations are focused on managing its status within these proceedings, which involve the liquidation of assets to address debt holders and outstanding claims arising from the broader Lehman Brothers bankruptcy. The trust's securities are traded on the OTC Expert Market, reflecting its bankruptcy status.