Deutsche Sells $100M Lehman Claim

Deutsche Bank has offloaded $100 million in claims on bankrupt Lehman Brothers Holdings to New York-based Dolostone.

Deutsche Bank has offloaded $100 million in claims on bankrupt Lehman Brothers Holdings to New York-based Dolostone, Bloomberg reports. The claims and its commercial paper unit are part of an original $325 million claim.

Last week, Frankfurt-based Deutsche acquired the claim and commercial paper unit on Lehman from Swedbank. Och-Ziff Capital Management Group has also purchased $20 million of the total Lehman claim from Deutsche.

Click here for the story from Bloomberg.