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TRUCs Series 2001-4 Trust Transaction to be Terminated.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- TRUCS Series 2001-4 Trust, as an issuer of 25,000,000 7.00% Trust Certificates (TRUCs) Series 2001-4, CUSIP CUSIP

See: Committee on Uniform Securities Identification Procedures


CUSIP

See Committee on Uniform Securities Identification Procedures.
 # 89826U108 and New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 Symbol TZI TZI Technologie-Zentrum Informatik (German: Center for Computing Technologies, University Bremen)  announced that because the guarantor of the underlying securities held by the trust, Bellsouth Corporation, has elected to cease reporting periodic reports under certain sections of the Securities and Exchange Act of 1934, the securities held by the reference trust are to be liquidated DAMAGES, LIQUIDATED, contracts. When the parties to a contract stipulate for the payment of a certain sum, as a satisfaction fixed and agreed upon by them, for the not doing of certain things particularly mentioned in the agreement, the sum so fixed upon is called liquidated damages. (q.v. . On February 12, 2007, U.S. Bank Trust National Association, as trustee, requested bids for the sale of the securities held by the trust. The sale of the securities is scheduled to settle on February 15, 2007. On February 15, 2007, U.S. Bank Trust National Association, as trustee, is scheduled to receive $25,593,514.23 as proceeds from the sale of the securities held by the trust, and holders of the Class A Certificates are expected to receive $25.364861 per $25 certificate. The remaining proceeds will be distributed to holders of the Call Warrants. Following the distribution, the trust will terminate and the Class A Certificates and Call Warrants will be canceled.
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Publication:Business Wire
Date:Feb 13, 2007
Words:188
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