ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

JZC Corporate Backed TR Ctfs 2004-4 Goldman Sachs Cap I Deb CL A-1

25.50
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Corporate Backed TR Ctfs 2004-4 Goldman Sachs Cap I Deb CL A-1 NYSE:JZC NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.50 0.00 01:00:00

Notice of CONDITIONAL PARTIAL Redemption Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Serie...

10/04/2014 9:00pm

Marketwired


Lehman 6 Cap I (NYSE:JZC)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Lehman 6 Cap I Charts.
Notice of CONDITIONAL PARTIAL Redemption Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-4 Trust 3,800,000 $25 Par ($95,000,000 Certificate Principal Amount) Class A-1 Certificates Due February 15, 2034 CUSIP No. 21988K875* (NYSE: JZC) $4,085,875.00 Initial ($3,499,538.00 Current) Amortizing Notional Balance Class A-2 Certificates Due February 15, 2034 CUSIP No. 21988KAL1*

(Relating to 3,800,000 Class A-1 Call Warrants CUSIP No. 21988K354* and 163,435 Class A-2 Call Warrants CUSIP No. 21988K362*)

NEW YORK, NY--(Marketwired - Apr 10, 2014) -  NOTICE IS HEREBY GIVEN, pursuant to the terms of the Standard Terms for Trust Agreements dated as of January 16, 2001, between Lehman ABS Corporation, as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement, Goldman Sachs Capital I Securities-Backed Series 2004-4, dated as of February 25, 2004, as amended (the "Trust Agreement") in respect of the Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-4 Trust (the "Trust"), that certain Call Warrant Holders have exercised their rights to purchase 1,200,000 of the 3,800,000 total outstanding Class A-1 Corporate Backed Trust Certificates (NYSE: JZC) (the "Class A-1 Certificates") and $1,290,300.00 Initial ($1,105,138.00 Current) Amortizing Notional Balance of the total outstanding $4,085,875.00 Initial ($3,499,538.00 Current) Amortizing Notional Balance Class A-2 Corporate Backed Trust Certificates (the "Class A-2 Certificates") (together, the "Certificates") on April 15, 2014 (the "Call Date" and "Redemption Date") each at the related Call Price, and effect an Optional Exchange for $30,000,000.00 face amount of the total $95,000,000.00 face amount Goldman Sachs Capital I 6.345% Capital Securities due February 15, 2034 CUSIP 38143VAA7* held as the Underlying Securities by the Trust.

THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE CALL PRICE WITH RESPECT TO SUCH EXERCISE ON THE REDEMPTION DATE. THERE CAN BE NO ASSURANCE THAT THE CALL WARRANTS WILL IN FACT BE EXERCISED ON THE REDEMPTION DATE.

If the Trustee receives the Call Price by 10:00 a.m. (New York City time) on the Redemption Date, then 1,200,000 Class A-1 Certificates and $1,290,300.00 Initial ($1,105,138.00 Current) Amortizing Notional Balance Class A-2 Certificates described above will be selected for redemption on the Redemption Date at a price of $25.00 principal plus $0.25000000 accrued interest to the Redemption Date per Class A-1 Certificate and $866.48940556 interest per $1,000 stated Initial Amortizing Notional Balance Class A-2 Certificate (the "Call Price"). The total payment of the Redemption Amount on the Certificates will be $31,418,031.28, consisting of $30,000,000.00 principal and $300,000.00 accrued interest on the Class A-1 Certificates and $1,118,031.28 interest on the $1,290,300.00 Initial ($1,105,138.00 Current) Amortizing Notional Balance Class A-2 Certificates (the "Redemption Amount") selected for redemption. The Class A-2 Certificates are interest-only Certificates and will not receive payment of principal, but the total outstanding Amortizing Notional Balance of Class A-2 Certificates will be reduced by the $1,290,300.00 Initial ($1,105,138.00 Current) Amortizing Notional Balance selected for redemption. No further interest or principal will accrue after the Redemption Date on the Certificates selected for redemption. If the Trustee does not receive the Call Price, then (i) the Certificates issued by the Trust will continue to accrue interest as if no exercise notice had been given and (ii) the call warrant holder may elect to deliver a conditional notice of exercise in the future.

This press release is being issued by U.S. Bank Trust National Association as trustee of the Trust. For more information about this conditional partial redemption, Holders with questions may contact Bondholder Services at (800) 934-6802.

U.S. Bank Trust National Association, as Trustee

*U.S. Bank shall not be held responsible for the selection or the use of the CUSIP number, nor is any representation made as to its correctness indicated in the Notice. It is included solely for the convenience of the Holders.

U.S. Bank National Association Global Corporate Trust Services 100 Wall Street, 16th floor New York, NY 10005 (800) 934-6802

1 Year Lehman 6 Cap I Chart

1 Year Lehman 6 Cap I Chart

1 Month Lehman 6 Cap I Chart

1 Month Lehman 6 Cap I Chart