U.S. Bank National Association Announces Date for Termination of Corporate Backed Trust Certificates, Series 2001-16 Trust Class
February 07 2006 - 4:21PM
PR Newswire (US)
NEW YORK, Feb. 7 /PRNewswire/ -- On February 6, 2006, Corporate
Backed Trust Certificates, Series 2001-16 Trust, announced that the
trust will be terminated in accordance with the terms of the trust
agreement. The trustee received on February 6, 2006, a call notice
from the holder of call warrants related to the Class A-1
Certificates and the Class A-2 Certificates exercising the right to
purchase all of the outstanding certificates at their related call
prices on February 13, 2006. As a consequence, the trust will be
terminated on February 13, 2006 and, upon receipt of the call
price, the Class A-1 Certificates and the Class A-2 Certificates
will be redeemed in full. Holders of the Class A-1 Certificates
will receive the full $25.00 par amount per Class A-1 Certificate
plus any accrued interest thereon. Contact: David J. Kolibachuk
U.S. Bank National Association 212-361-2459 DATASOURCE: U.S. Bank
National Association CONTACT: David J. Kolibachuk of U.S. Bank
National Association, +1-212-361-2459,
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