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Corporate Asset Backed Corp., CABCO Trust 7.625% AOL Time Warner
Ticker Symbol: UYE*     CUSIP: 126794AA4     Exchange: NYSE
Security Type:   Third Party Trust Preferred
* NOTE: This security is no longer trading as of 11/20/2007

Security has been Called for:  Tuesday, November 20, 2007

10/30/2007 -- A QOL User's broker has informed him that UYE has been called for 11/20/2007. We can find not information to confirm the call but assume that the information is correct.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Corporate Asset Backed Corp., CABCO Series 2002-1 Trust (AOL Time Warner Inc.), 7.625% Class A-1 Callable Certificates, principal amount $25 per trust certificate. The underlying securities are the AOL Time Warner, now Time Warner Inc. debentures due 5/1/2032, redeemable at the issuer's option on or after 6/21/2007 at $25 per share plus accrued and unpaid dividends, distributions of 7.625% ($1.90625) per year are paid semiannually on 5/1 & 11/1 to holders of record on the 15th calender day prior to each distribution date. 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 rated at least BBB+ by S&P and Baa1 by Moody's. For further information on the CABCO Trust Certificates, see the IPO Prospectus by clicking on the link provided below. Corporate Asset Backed Corp. is a subsidiary of UBS PaineWebber.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
7.63%
$1.90625
$25.00
$25.00
Called for
11/20/2007

5/01/2032
Baa1 BBB+
12/29/2005
5/1 & 11/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (TWX)

IPO - 6/18/2002 - 2.00 Million Certificates @ $25.00/cert.    Link to IPO Prospectus
Market Value $42.5 Million

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

(This parent company URL is for reference only and does not have specific information on the security.)

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

Address and Phone Numbers
Address:   1285 Avenue of the Americas, 11th Floor, New York, NY 10019
Main Phone Number 212-713-2841
Fax Number Not Available

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