other_material
confidence high
sentiment neutral
materiality 0.20
PPLUS Trust GSC-2 pays $402,967 interest distribution; principal unchanged at $35M
PPLUS Trust Series GSC-2
- Interest distribution of $402,966.84 on May 15, 2026, net of swap payments.
- No principal distribution; aggregate principal balance remains $35,000,000.
- Underlying securities are 6.345% Capital Securities (Goldman Sachs Capital I, due 2034).
- Certificates rated BB+ by S&P; swap notional amount $35M at 3.00%.
- Unpaid interest accrued remains $0; trust structure unchanged.
item 8.01item 9.01