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Lehman ABS Corp Bkd Trust Certs 2001-19, 9.00% Delta AirLines
Ticker Symbol: CDCB* CUSIP: 21988G742 Exchange: OTOTC
* NOTE: This security is no longer trading as of 10/20/2005
Security's Distribution is Suspended!
QUANTUMONLINE.COM SECURITY DESCRIPTION: Lehman ABS Corp., 9.00% Corporate Backed Trust Certificates, Series 2001-19, Class A-1, price to the public $25. Underlying securities are the 8.30% Notes due 12/15/2029 issued by Delta Air Lines Inc. (NYSE: DAL). The certificates pay 9.00% per annum distributions semiannually on 6/15 & 12/15 to holders of record one day prior to the payment date. Certificates are callable at the option of the call warrant holder on or after 5/11/2006 at $25 per certificate plus accrued and unpaid interest. Certificate ratings at the IPO were BBB- by S&P and Baa3 by Moody's. Lehman ABS Corp. is an indirect wholly-owned subsidiary of Lehman Brothers Inc. For further information on the Corporate Backed Trust Certificates, see the IPO Prospectus by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (DAL)
Notes: From the form 8-K filed with the SEC on 10/20/2005 -- Reference is made to Corporate Backed Trust Certificates, Series 2001-19, Class A-1 and Class A-2 issued by the Trust. The sole asset of the Trust was $27,109,000 aggregate principal amount 8.30% Notes due 2029 issued by Delta Air Lines, Inc. On October 17, 2005, the Underlying Securities were sold in accordance with the Trust Agreement. The Trust received $4,913,506 in proceeds from such sale of the Underlying Securities. Such proceeds were distributed to Certificateholders on or about October 20, 2005.
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IPO - 5/9/2001 - 1.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Previous Ticker Symbol: CDC Changed: 10/12/2005
Market Value $18.7 Million
Company's Online Information Links
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HOME PAGE:
http://www.lehman.com/
(This parent company URL is for reference only and does not have specific information on the security.)
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Company's Online SEC EDGAR Filings |
Address and Phone Numbers |
Address: 200 Vesey Street, 24th Floor, New York, NY 10285 |
Main Phone Number |
212-526-7000 |
Fax Number |
212-526-3738 |
Toll Free Phone Number |
800-666-2388 |
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