Bank Trustee Announces Redemption of Corporate Backed Trust Certificates, Series 2001-14 Trust Certificates (NYSE Listing: CGK,
April 28 2005 - 1:09PM
PR Newswire (US)
Bank Trustee Announces Redemption of Corporate Backed Trust
Certificates, Series 2001-14 Trust Certificates (NYSE Listing: CGK,
CUSIP: 21988G791) and Corporate Backed Trust Certificates,
Georgia-Pacific Debenture-Backed Series 2001-29 Trust Class A-1
Certificates (NYSE Listing CYK, CUSIP: 21988G635) NEW YORK, April
28 /PRNewswire/ -- On April 30, 2005, the Corporate Backed Trust
Certificates, Series 2001-14 Trust Certificates (the "2001-14
Certificates") issued by Corporate Backed Trust Certificates,
Series 2001-14 Trust (the "2001-14 Trust") will be redeemed. This
redemption is a result of a call on the sole remaining asset of the
2001-14 Trust, $35,400,000 Georgia-Pacific Corporation 8.625%
Debentures due 2025 (the "2001-14 Georgia-Pacific Debentures"). As
a result of this redemption, certificateholders will be entitled to
receive $23.41085212 per 2001-14 Certificate, representing both
principal and accrued interest on the 2001-14 Certificates and a
premium paid in connection with the call of the 2001-14
Georgia-Pacific Debentures. On April 30, 2005, the Corporate Backed
Trust Certificates, Georgia- Pacific Debenture-Backed Series
2001-29 Trust Class A-1 Certificates (the "2001-29 Certificates")
issued by Corporate Backed Trust Certificates, Georgia-Pacific
Debenture-Backed Series 2001-29 Trust (the "2001-29 Trust") will be
redeemed. This redemption is a result of a call on the sole asset
of the 2001-29 Trust, $33,900,000 Georgia-Pacific Corporation
8.625% Debentures due 2025 (the "2001-29 Georgia-Pacific
Debentures"). As a result of this redemption, certificate holders
will be entitled to receive $27.11375000 per 2001-29 Certificate,
representing both principal and accrued interest on the 2001-29
Certificates and a premium paid in connection with the call of the
2001-29 Georgia-Pacific Debentures. This press release is being
issued by U.S. Bank Trust National Association as trustee on behalf
of both the 2001-14 Trust and the 2001-29 Trust. For more
information about these redemptions, please contact David
Kolibachuk of U.S. Bank Trust National Association at 212-361-2459.
DATASOURCE: U.S. Bank Trust National Association CONTACT: David
Kolibachuk of U.S. Bank Trust National Association at
+1-212-361-2459
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