secwatch.observer — SEC 8-K summary
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Issuer:     STRUCTURED OBLIGATIONS CORP SELECT NOTES TRUST LT SER 2003-1 (—)
CIK:        0001223444
Form:       8-K
Filed at:   2026-05-26T14:24:13+00:00
Accession:  0001539497-26-001552
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Select Notes Trust LT 2003-1: May 2026 distribution report shows $208k interest, zero principal loss
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- Total interest distributed to certificateholders: $208,278.25; per certificate interest income: $3.035953.
- Advances of $49,791.67 made to trustee; $0 repaid; net owed to advancing party $760,896.68.
- No principal distributions or principal losses; 52,290 certificates outstanding with notional $42,290,000.
- Only Target Corp (6.35% 2032) made interest payment of $158,750; nine other underlying securities paid $0.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1223444/000153949726001552/0001539497-26-001552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1223444/000153949726001552/n5831_x2-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-001552

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