Lehman Brothers Holdings Inc on Wednesday said it plans to distribute about $14.2 billion to creditors early next month, as the company winds down following its emergence last year from bankruptcy protection.
The distribution includes about $9.4 billion to third-party creditors and affiliates, $4.4 billion among other debtors, and $370 million for newly-allowed claims.
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Lehman said the distribution will be made on April 4.
(Reporting by Jonathan Stempel in New York; Editing by Gerald E. McCormick)