Synthetic Fixed-Income Sec STRATS 2004-06, 6.375% US Cellular Corp. (GJH)
NYSE · Preferred · CUSIP 86311Q204
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Security Details

Coupon Rate
6.38%
Liquidation Preference
$10.00
Call Price
$10.00
Call / Redemption Date
4/21/2009
Maturity Date
12/15/2033
Distribution Period
S
Rate Type
Fixed
Annual Distribution
0.64
Distribution Dates
6/15 & 12/15
Credit Ratings
Moody's NR · S&P BB (4/20/2025)
Tax-Advantaged Dividends
No

Security Profile

Security Type
Third Party Trust Preferred »
CUSIP
86311Q204
Market Cap
Micro Cap · $12 Million
IPO
4/23/2004 · $10.00/share
Parent Company
United States Cellular Corp. (AD)
Business: Synthetic Fixed-Income Securities Inc., 6.375% STRATS (Structured Repackaged Asset-Backed Trust Securities) Certificates, Series 2004-6, Class A-1 Certificates, STRATS Trust for United States Cellular Corp., price to the public $10 per certificate. The underlying securities are the 6.70% Senior Notes, due 12/15/2033 issued by United States Cellular Corp. (NYSE: USM). The STRATS certificates pay 6.375% ($0.6375) per annum distributions semiannually on 6/15 & 12/15 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). Certificates are callable at the option of the call warrant holder on or after 4/21/2009 at $10 per certificate plus accrued and unpaid interest. Certificate ratings at the IPO were A- by S&P and Baa1 by Moody's. Synthetic Fixed-Income Securities, Inc. is a wholly-owned subsidiary of Wachovia Corporation. For further information on the STRATS Trust Certificates, see the IPO Prospectus by clicking on the ‘Link to IPO Prospectus’ provided below.

Company Contact

Headquarters
Wells Fargo Securities, 375 Park Avenue, New York, NY 10152
Phone
212-214-6277
Investor Relations
William Threadgill · 212-214-6277
SEC EDGAR Filings
View filings »