PYT ML Depositor PPLUS Trust Floating Rate Goldman Sachs Cap I Certificates GSC-2

Merrill Lynch Depositor Inc., PPLUS Class A, Floating Rate Trust Certificates, PPLUS Trust Series GSC-2, stated amount $25 per certificate, underlying securities are the 6.345% Capital Securities due 2/15/2034, issued by Goldman Sachs Capital I, a subsidiary of Goldman Sachs Group Inc. (NYSE: GS), redeemable on or after 8/15/2009 under the call warrants at $25 plus accrued and unpaid interest. The certificates pay an initial interest rate of 3.00% ($0.75) per annum distributions quarterly on 2/15, 5/15, 8/15 & 11/15 to holders of record on the day immediately preceding the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The floating interest rate will be equal to the three-Month USD LIBOR plus 0.85% and will be equal to or greater than 3.00% but not greater than 8.00%. The company has the right, at any time, to defer dividend payments for up to 10 consecutive semi-annual periods (but not beyond the maturity date).  This security was issued by Goldman Sachs Group Inc, whose common stock symbol is GS.

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As of 08/08/2022 16:00:00 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Exchange traded debt
Category3:  Long-term
GICS sector:  Financials
Industry:  Capital Markets
Index country:  USA
Country of incorporation:  USA
IPO date:  11/13/2013
Outstanding shares:  1,400,000
Average volume:  847
Market cap:   $30,744,000
Current dividend yield:  3.42%    calculation
Initial coupon rate:    3.000%
Spread to LIBOR: 0.008500
Liquidation value:   $25.00
Callable after:   01/01/1900
Maturity date:    02/15/2034
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      

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