Wednesday, June 05, 2019 12:21:23 PM
It is a trust security largely w/GS securities underlying and LEH i-rate swap (see below)..
QUANTUMONLINE.COM SECURITY DESCRIPTION: Lehman ABS Corp., Floating Rate Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6, Class A-1, price to the public $25 per certificate. The underlying securities are the 6.345% Capital Securities due 2/15/2034 issued by Goldman Sachs Capital I, a subsidiary of Goldman Sachs Group Inc. (NYSE: GS) and an interest rate swap between the trust and Lehman Brothers Special Financing Inc. The certificates pay an initial interest rate of 3.50% ($0.875) per annum
My posts are opinion and should not be relied on for your investment decisions.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM