June 3, 2008 / 4:33 AM / in 11 years

Lehman may raise $3-4 billion capital - WSJ

June 3 (Reuters) - Lehman Brothers Holdings Inc LEH.N may raise $3 billion to $4 billion in fresh capital, suggesting the bank could post its first quarterly loss since going public, the Wall Street Journal said on Tuesday, citing sources familiar with the matter.

New capital may be raised by issuing common shares, diluting existing shareholders, and would probably be announced in conjunction with its quarterly results due the week of June 16, the newspaper said.

Asian stock markets extended losses and the dollar slipped versus the yen following the WSJ report. (Reporting by Varsha Tickoo in Bangalore; Editing by Anshuman Daga)

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