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Structured Obligations, COBALTS 8.125% Sprint Cap Notes Certificates 2002-1
Ticker Symbol: DHM* CUSIP: 19074V102 Exchange: NYSE
* NOTE: This security is no longer trading as of 6/06/2011
Security has been Called for: Monday, June 6, 2011
6/10/2011 -- We have now heard from a couple of QOL users that the call of DHM was a full call. ____________ 6/8/2011 -- The NYSE has made an immediate trading suspension of DHM with no explanation of the reason for the suspension. ____________ 6/7/2011 -- A QOL user has informed us that 200 of his 300 shares of DHM were called from his account on 6/6/2011. We can find no information to confirm that a partial call was made but assume that the call information is correct. ____________ November 14, 2007 - On, 2007, a conditional notice of redemption was given in accordance with the terms and provisions of the Certificates. Redemption of the Certificates is conditional upon receipt by the Trustee of the Warrant Exercise Purchase Price. The Call Warrant Holder has notified the Trustee that the Warrant Exercise Purchase Price will not be paid on November , 2007. Therefore, the Certificates will not be redeemed in full on November 15, 2007. This press release is being issued by U.S. Bank Trust National Association as trustee of the Trust. For more information about these redemptions, please contact Marlene Fahey of U.S. Bank Trust National Association at 212-361-2510. ____________ Nov 14, 2007 -- On ?, 2007, a conditional notice of redemption was given in accordance with the terms and provisions of the Certificates. Redemption of the Certificates is conditional upon receipt by the Trustee of the Warrant Exercise Purchase Price. The Call Warrant Holder has notified the Trustee that the Warrant Exercise Purchase Price will not be paid on November , 2007. Therefore, the Certificates will not be redeemed in full on November 15, 2007. This press release is being issued by U.S. Bank Trust National Association as trustee of the Trust. For more information about these redemptions, please contact Marlene Fahey of U.S. Bank Trust National Association at 212-361-2510. ____________
Some QOL users have told us that DHM has been called. We can find no information to confirm the call but we believe that the call information is correct. The call date is unknown but we assume that it will be 11/15/2007.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Structured Obligations Corp., 8.125% Corporate Backed Listed Trust Securities (COBALTS), Trust Series Sprint Capital Certificates, Series 2002-1, COBALTS Trust for Sprint Capital Notes, issued in $25 denominations. The underlying securities will be the 6.875% Notes due 11/15/2028 issued by Sprint Capital Corp. and guaranteed by Sprint Corp. (NYSE: FON). The certificates are redeemable on or after 11/15/2007 under the call warrants at $25 plus accrued and unpaid interest, maturing 11/15/2028, distributions of 8.125% ($2.03125) are paid semi-annually on 5/15 & 11/15 to holders of record one business day prior to the payment date while the securities remain in book-entry form. To be issued the certificates must be rated at least Baa2 (on watch) by Moody's and BBB+ by S&P. These securities are subject to original issue discount (OID) accruals (see page S-18 of the prospectus for information). See the IPO prospectus for further information on the COBALTS and the call warrant provisions by clicking on the ‘Link to IPO Prospectus’ provided below. Structured Obligations Corp. is a wholly-owned subsidiary of J.P. Morgan Securities Holdings Inc.
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Go to Parent Company's Record (S*)
IPO - 4/2/2002 - 1.00 Million Certificates @ $25.00/cert.
Link to IPO Prospectus
Market Value $23.5 Million
Company's Online Information Links
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Home Page: We know of no Home Page for this company. |
Company's Online SEC EDGAR Filings |
Address and Phone Numbers |
Address: 270 Park Avenue, New York, NY 10017 |
Main Phone Number |
212-834-7243 |
Fax Number |
Not Available |
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