The Trustee, U.S. Bank Trust National Association, submitted a cash basis statement for the period ending August 15, 2025.
The statement includes details on interest account transactions and principal account balances.
It also lists underlying securities held and credit support as of specific dates.
Cash Basis Statement Details
Includes swap receipts, scheduled and unscheduled income, distributions, and balances for various accounts.
Underlying Securities
Goldman Sachs Capital I, 6.345% Capital Securities due February 15, 2034, with CUSIP: 38143VAA7.
Credit Support
Notional amount with a swap agreement dated March 19, 2004, between the Trust and Lehman Brothers Special Financing Inc.
- The distribution statement provides transparency into the financial transactions and balances of the trust certificates.
- Investors can use this information to track income, distributions, and the composition of underlying securities.
- The credit support details highlight the risk management strategies in place for the trust.
Understanding the distribution statement and underlying securities is crucial for investors evaluating the performance and stability of Corporate Backed Trust Certificates.