Business News • MarketWire • Conditional Partial Redemption of Corporate Backed Trust Certificates, Motorola Debenture-Backed Series 2002-12 Trust 1,267,466 $25 par ($31,686,650 Certificate Principal Amount) Certificates due October 1, 2097 CUSIP No. 21988G395* (NYSE: XFH) |
Conditional Partial Redemption of Corporate Backed Trust Certificates, Motorola Debenture-Backed Series 2002-12 Trust 1,267,466 $25 par ($31,686,650 Certificate Principal Amount) Certificates due October 1, 2097 CUSIP No. 21988G395* (NYSE: XFH) |
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Conditional Partial Redemption of Corporate Backed Trust Certificates, Motorola Debenture-Backed Series 2002-12 Trust 1,267,466 $25 par ($31,686,650 Certificate Principal Amount) Certificates due October 1, 2097 CUSIP No. 21988G395* (NYSE: XFH)
NEW YORK, NY--(Marketwire - Aug 2, 2011) - NOTICE IS HEREBY GIVEN, pursuant to the terms of the Standard Terms for Trust Agreements dated as of January 16, 2001, between Lehman ABS Corporation, as Depositor, and U.S. Bank Trust National Association, as Trustee, as supplemented by the Series Supplement, Motorola Debenture-Backed Series 2002-12, dated as of June 21, 2002 (the "Trust Agreement") in respect of the Corporate Backed Trust Certificates, Motorola Debenture-Backed Series 2002-12 Trust (NYSE: XFH) (the "Trust") that certain Call Warrant Holders have exercised their rights to purchase 509,269 of the 1,267,466 total outstanding Class A-1 and $0.00 of the total outstanding notional amount Class A-2 Corporate Backed Trust Certificates (the "Certificates") on August 9, 2011 (the "Call Date" and "Redemption Date") at the Call Price and effect an Optional Exchange for the Underlying Securities.
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