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ML Depositor PPLUS Trust 6.00% Goldman Sachs Certificates GSG-1
Ticker Symbol: PJI* CUSIP: 73941X601 Exchange: NYSE
* NOTE: This security is no longer trading as of 4/25/2013
Security has been Called for: Thursday, April 25, 2013
On March 27, 2013 The Bank of New York Mellon, as Trustee for the PreferredPLUS Trust Series GSG-1 Trust (the Trust), issued two press releases regarding the receipt of a notice of intended exercise on April 25, 2013 of 100% of the outstanding Warrants representing the right to acquire (a) 5,360,000 of the Class A Trust Certificates at an exercise price equal to $25 for each security being exercised plus accrued and unpaid interest up to, but excluding the Exercise Date and (b) 5,360,000 of the Class B Trust Certificates at an exercise price equal to the sum of the present values, discounted at a rate of 6.125%, of the unpaid payments due, or to become due, in respect of the distributions to be made to the Class B Certificateholders by the Trust on or after the Exercise Date.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Merrill Lynch Depositor Inc., PPLUS Class A, 6.00% Trust Certificates, $25 stated amount, PPLUS Trust Series GSG-1, underlying securities are the 6.125% Notes due 2/15/2033, issued by Goldman Sachs Group Inc. (NYSE: GS), redeemable on or after 2/15/2008 under the call warrants at $25 plus accrued and unpaid interest, distributions of 6.00% ($1.50) per annum are paid semi-annually on 2/15 & 8/15 to holders of record on the 1st business day prior to the payment date. Ratings of the certificates at the IPO are A+ by S&P and Aa3 by Moodys. See the IPO prospectus for further information on the PPLUS Certificates and the call warrant provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (GS)
IPO - 3/21/2003 - 5.36 Million Certificates @ $25.00/cert.
Link to IPO Prospectus
Market Value $134.0 Million
Company's Online Information Links
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HOME PAGE:
http://www.ml.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: World Financial Center, North Tower, New York, NY 10281 |
Main Phone Number |
212-449-1000 |
Fax Number |
Not Available |
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