This Lucite award commemorates the May 28, 2002 $890 million offering of collateralized mortgage bonds from iStar Financial. The deal was completed by Lehman Brothers, Deutsche Bank, and Greenwich Capital. This great little Lucite measure approx. 5"x5" and is over 1" thick. Due to the highly reflective nature of the Lucite material, pictures tend to show even the most miniscule pieces of lint. These are not defects. Overall condition is great with minor rubbing on the surface material which does not take away from it's overall attractiveness.
iStar Financial - Lehman Brothers Deal Lucite
Dimensions: 5" Tall x 4.5" Wide x 1" Thick
iStar was founded in 1993 and focuses commercial real estate finance markets. iStar was listed on the NYSE in 1999 and is now publicly traded. See other Lehman Brothers
memorabilia like this.
More about Lucite Awards: Lucite was developed by the DuPont Co. in 1931 for use in applications such as fighter airplane windshields. The product was later used by companies commemorating public offerings and M&A deals. Lucite awards were generally limited to executive officers, analysts, investment bankers, and clients making their numbers few (usually less than 50). After the meltdown of 2008, due to budget constraints and fewer deals to be commemorated, fewer Lucite’s are being produced making these a dying art form and a great collectible piece of history.