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Credit & Asset Repack Veh 7.5% PCARS 2002-1 KeyCorp Inst Cap A
Ticker Symbol: GRH*     CUSIP: 744393307     Exchange: NYSE
Security Type:   Third Party Trust Preferred
* NOTE: This security is no longer trading as of 12/04/2006

Security has been Called for:  Monday, December 4, 2006

A QOL user has informed us that his shares of GRH were called from his account on 12/4/2006. We can find no information to confirm the call but assume that GRH was called on 12/4/2006.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Credit and Asset Repackaging Vehicle Corp, Public Credit and Repackaged Securities (PCARS) Trust, 7.5% KeyCorp Institutional Capital A Certificates Series 2002-1, issued in $25 per denominations. The underlying securities are the 7.826% Keycorp Institutional Capital A Capital Securities due 12/01/2026, guaranteed by KeyCorp (NYSE: KEY). The certificates are redeemable at the issuer's option on or after 12/01/2006 at $25 per certificate plus accrued and unpaid distributions and mature 12/01/2026. Distributions of 7.50% ($1.875) per annum are paid semiannually on 6/1 & 12/1 to holders of record on 5/15 & 11/15 respectively. The underlying security issuer has the right, at any time, to defer interest payments for up to 10 consecutive semi-annual periods (but not beyond the maturity date). The trust's assets consist of the 7.826% Junior Subordinated Deferrable Interest Debentures due 12/01/2026 which were purchased from Keycorp using the funds generated from the sale of the trust preferred securities. The certificates are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. To be issued the certificates must be assigned an investment grade rating by S&P and by Moody's. For further information on the PCARS Certificates, 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
7.50%
$1.875
$25.00
$25.00
Called for
12/04/2006

12/01/2026
A3 BBB
12/21/2005
6/1 & 12/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (KEY)

IPO - 2/25/2002 - 1.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Market Value $24.9 Million

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

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

Address and Phone Numbers
Address:   One New York Plaza, 37th Floor, New York, NY 10004
Main Phone Number 212-902-8812
Fax Number Not Available
Investor Contact   Prospectus Dept. 212-902-1171

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