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Synthetic Fixed-Income Sec STRATS 2006-01, Float Rate Procter & Gamble
Ticker Symbol: GJR     CUSIP: 863121208     Exchange: NYSE
Security Type:   Third Party Trust Preferred

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Synthetic Fixed-Income Securities Inc., Floating Rate STRATS (Structured Repackaged Asset-Backed Trust Securities) Certificates, Series 2006-1, STRATS Trust for The Procter & Gamble Co., price to the public $25 per certificate. The underlying securities are the 5.80% Notes due 8/15/2034 issued by The Procter & Gamble Co. (NYSE: PG). The certificates pay floating rate distributions monthly on the 15th of each month to holders of record on the business day immediately preceding the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The floating interest rate of the certificates will adjust for each distribution date and will be based on the weekly average of the three-month Treasury Bill rate plus 0.70% and are subject to a maximum interest rate of 7.50%. The underlying notes are subject to early redemption any time if the underlying security issuer redeems the underlying notes or if they cease to or fail to file periodic reports with the SEC. Certificate ratings at the IPO were AA- by S&P. Synthetic Fixed-Income Securities, Inc. is a wholly-owned subsidiary of Wachovia Corporation. For further information on the STRATS Trust Certificates and their interest rate calculations, see the IPO Prospectus by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
Floating
n.a.
$25.00
$25.00
Any Time
8/15/2034
NF NF
1/24/2023
15th day of each month
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (PG)

IPO - 2/27/2006 - 1.32 Million Notes @ $25.00/note.    Link to IPO Prospectus
Market Value $33.0 Million

Company's Online Information Links
HOME PAGE:     http://www.wellsfargo.com/

(This parent company URL is for reference only and does not have specific information on the security.)

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Address and Phone Numbers
Address:   Wells Fargo Securities, 375 Park Avenue, New York, NY 10152
Main Phone Number 212-214-6277
Fax Number Not Available
Investor Contact (President)   William Threadgill 212-214-6277


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