MS Structured Asset Corp. (NYSE:HJV) Files An 8-K Failure to Make a Required Distribution
Item 6.04 from the EDGAR filing reference data. The Current Report only discusses matters pertaining to Item 8.01. The sole purpose of this Amendment is to remove the extraneous reference to Item 6.04 in the filing reference data.
Section 8 Other Events
On May 20, 2020, U.S. Bank National Association, as Trustee for the Trust, issued a notice to the Unitholders, Warrantholders, Depositor and Rating Agencies regarding the bankruptcy filing by J. C. Penney Corporation, Inc. (formerly known as J. C. Penney Company, Inc.), which constitutes an Underlying Security Default and Trust Wind-Up Event under the Trust Agreement, and the termination of the Trust. Under the terms of the Trust Agreement, there will be a liquidation of the Underlying Securities and a distribution of the net proceeds of such liquidation (if any) to Unitholders as described in the notice. The Trust will be terminated following such distribution. A copy of the notice is attached as Exhibit 99.1 hereto.
In addition, on May 19, 2020, the New York Stock Exchange (NYSE) issued a press release regarding the delisting of the Class A Units from NYSE and the immediate suspension of trading in the Class A Units. A copy of the press release is attached as Exhibit 99.2 hereto.
MS Structured SATURNS Series 2007-1 Exhibit
EX-99.1 2 sat8k2007-1ex991_0520.htm Exhibit 99.1 Global Corporate Trust 60 Livingston Avenue EP-MN-WS1D Saint Paul,…
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