-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NZtsbMkG44x/gsMqlG6ICjCec3kX0OLKBpd27D72rzx/NabvLzeRzJkcuBOmdD4i zQByJgO3mu3sit/SVcB8rg== 0000905148-04-002817.txt : 20040617 0000905148-04-002817.hdr.sgml : 20040617 20040617171144 ACCESSION NUMBER: 0000905148-04-002817 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040602 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEHMAN ABS CORP VERIZON NEW YORK DEBENTURE BACKED 2004-1 CENTRAL INDEX KEY: 0001276360 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31963 FILM NUMBER: 04869343 BUSINESS ADDRESS: STREET 1: LEHMAN ABS CORP STREET 2: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 efc4-1173_form8k.txt ============================================================================== SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): June 2, 2004 Lehman ABS Corporation, on behalf of: CORPORATE BACKED TRUST CERTIFICATES, VERIZON NEW YORK DEBENTURE-BACKED SERIES 2004-1 TRUST ----------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware 001-31963 13-3447441 - ------------------------------------------------------------------------------ (State or Other Jurisdiction (Commission File (I.R.S. Employer of Incorporation) Number) Identification No.) Lehman ABS Corporation 745 Seventh Avenue New York, New York 10019 - ------------------------------------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (212) 526-7000 ---------------- Not Applicable -------------- (Former Name or Former Address, if Changed Since Last Report) ============================================================================== The Corporate Backed Trust Certificates, Verizon New York Debenture-Backed Series 2004-1 Trust, which we refer to herein as the "Trust," was formed pursuant to 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 supplemented by the Series Supplement in respect of the Trust dated as of January 15, 2004. Item 5. OTHER EVENTS On June 2, 2004 final distribution was made to the holders of the certificates issued by the Trust in connection with the termination of the Trust under the terms of the Trust Agreement. Specific information with respect to the distribution is filed as Exhibit 1 hereto. No other reportable transactions or matters have occurred during the current reporting period. Item 7. FINANCIAL STATEMENTS AND EXHIBITS (c) The following exhibit is filed as part of this report: 1 Trustee's Distribution Statement to the Verizon New York Debenture-Backed Series 2004-1 Certificate Holders for the period ending June 2, 2004. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: June 2, 2004 Lehman ABS Corporation By: /s/ Paul Mitrokostas ---------------- Name: Paul Mitrokostas Title: Senior Vice President 3 EXHIBIT INDEX Exhibit Number Description - -------------- ----------- 1 Trustee's Distribution Statement to the Verizon New York Debenture-Backed Series 2004-1 Certificate Holders for the period ending June 2, 2004 4 EX-1 2 efc4-1173_ex1.txt Exhibit 1 TRUSTEE'S DISTRIBUTION STATEMENT To the Holders of: Corporate Backed Trust Certificates, Verizon New York Debenture-Backed Series 2004-1 *CUSIP: 21988K800 Class A-1 21988KAH0 Class A-2 In accordance with the Standard Terms and Conditions of Trust, U.S. Bank Trust National Association, as Trustee, submits the following cash basis statement for the period ending June 2, 2004. INTEREST ACCOUNT - ---------------- Balance as of April 1, 2004..... $0.00 Scheduled Income received on securities..... $0.00 Unscheduled Income received on securities..... $0.00 LESS: Distribution to Class A-1 Holders..... -$0.00 Distribution to Class A-2 Holders..... -$0.00 Distribution to Depositor..... -$0.00 Distribution to Trustee..... -$0.00 Balance as of June 2, 2004..... $0.00 PRINCIPAL ACCOUNT - ----------------- Balance as of April 1, 2004..... $0.00 Scheduled Principal received on securities..... $0.00 6/2/2004 - Cash liquidation proceeds received on sale $88,497,991.58 of $81,697,000 principal amount of securities at price $107.075 per $100 for distribution to Class A-1 and A-2 Holders..... LESS: 6/2/2004 - Distribution in-kind of $96,338,000 -$0.00 principal amount of securities to Class A-1 Holders of 4,454,411 units..... 6/2/2004 - Distribution in-kind of $27,109,000 -$0.00 principal amount of securities to Class A-2 Holders of $201,770,000 notional amount..... 6/2/2004 - Distribution of cash liquidation proceeds -$87,941,141.89 to Class A-1 Holders of 3,751,349 units..... 6/2/2004 - Distribution of cash liquidation proceeds -$491,068.84 to Class A-2 Holders of $3,374,000 notional amount..... 6/2/2004 - Distribution of cash in lieu of fractional -$65,780.85 securities to certain Class A-1 and Class A-2 Holders... Balance as of June 2, 2004..... $0.00 UNDERLYING SECURITIES HELD AS OF June 2, 2004 Principal Amount Title of Security ---------- ----------------- $0.00 Verizon New York Inc. 7 3/8% Debentures, Series B due April 1, 2032 *CUSIP: 92344XAB5 Effective with the completion of the distributions described above, the Class A-1 Certificates and the Class A-2 Certificates, along with the related Call Warrants, are null and void and the Corporate Backed Trust Certificates, Verizon New York Debenture-Backed Series 2004-1 Trust is terminated. U.S. Bank Trust National Association, as Trustee *The Trustee shall not be held responsible for the selection or use of the CUSIP numbers nor is any representation made as to its correctness. It is included solely for the convenience of the Holders. -----END PRIVACY-ENHANCED MESSAGE-----