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MSDW Structured Asset SATURNS 2002-10, 7.00% CSFB USA Deb
Ticker Symbol: MKK* CUSIP: 80410G209 Exchange: NYSE
* NOTE: This security is no longer trading as of 11/14/2007
Security has been Called for: Wednesday, November 14, 2007
A QOL user has told us the MKK has been called for 11/14/2007. We can find no information to confirm the call but are assuming that the call information is correct.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: MS Structured Asset Corp., Structured Asset Trust Unit Repackagings (SATURNS), CSFB USA Debenture Backed, Series 2002-10, 7.00% Class A Callable Units, issued in $25 denominations. Underlying securities are the 7.125% Debentures due 7/15/2032 issued by Credit Suisse First Boston (USA) Inc. (NYSE: CS). Distributions of 7.00% ($1.75) per annum are paid semi-annually on 1/15 & 7/15 to holders of record on 1/1 & 7/1 respectively. On or after 8/20/2007 the units may be redeemed under the call rights of the swap agreement for $25 plus accrued and unpaid interest. If redeemed prior to 8/20/2007 the holders may receive an additional amount of up to $2.50 per unit (which includes any make-whole payment). To be issued the units must be assigned a rating of at least AA- by S&P and Aa3 by Moody's. Units 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. On 11/8/02 MSDW Structured Asset Corp. changed their name to MS Structured Asset Corp. See the IPO prospectus for further information on the SATURNS by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (CS*)
IPO - 8/16/2002 - 1.33 Million Units @ $25.00/unit.
Link to IPO Prospectus
Market Value $33.1 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Address and Phone Numbers |
| Address: 1585 Broadway, New York, NY 10036 |
| Main Phone Number |
212-761-4000 |
| Fax Number |
Not Available |
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